P/E ratio for Emerson (EMR)
P/E ratio as of December 2023 (TTM): 3.86
According to Emerson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.86377. At the end of 2022 the company had a P/E ratio of 12.1.
P/E ratio history for Emerson from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.1 | -39.71% |
| 2021 | 20.1 | -13.2% |
| 2020 | 23.2 | 7.35% |
| 2019 | 21.6 | 30.4% |
| 2018 | 16.6 | -40.97% |
| 2017 | 28.0 | 24.3% |
| 2016 | 22.6 | 78.74% |
| 2015 | 12.6 | -35.42% |
| 2014 | 19.5 | -21.61% |
| 2013 | 24.9 | 32.28% |
| 2012 | 18.8 | 27.83% |
| 2011 | 14.7 | -24.18% |
| 2010 | 19.4 | 3.16% |
| 2009 | 18.8 | 53.43% |
| 2008 | 12.3 | -38.21% |
| 2007 | 19.9 | 5.06% |
| 2006 | 18.9 | -6.27% |
| 2005 | 20.2 | -9.85% |
| 2004 | 22.4 | -7.99% |
| 2003 | 24.3 | 16.8% |
| 2002 | 20.8 | -101.46% |
| 2001 | < -1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 21.1 | 447.18% | 🇺🇸 USA |
 Ametek AME | 28.3 | 632.18% | 🇺🇸 USA |
 General Electric GE | 14.2 | 267.88% | 🇺🇸 USA |
 Johnson Controls
JCI | 18.1 | 367.33% | 🇮🇪 Ireland |
 Roper Technologies ROP | 19.5 | 404.98% | 🇺🇸 USA |
 Honeywell HON | 24.4 | 530.69% | 🇺🇸 USA |
 Danaher DHR | 27.7 | 616.84% | 🇺🇸 USA |
 CommScope
COMM | -0.3171 | -108.21% | 🇺🇸 USA |
 ABB ABBN.SW | 18.7 | 383.28% | 🇨🇭 Switzerland |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.