P/E ratio for ESCO Technologies (ESE)
P/E ratio as of September 2023 (TTM): 30.2
According to ESCO Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1611. At the end of 2017 the company had a P/E ratio of 20.1.
P/E ratio history for ESCO Technologies from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 20.1 | |
| 2014 | > 1000 | 14836.69% |
| 2013 | 28.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 27.7 | -8.26% | 🇺🇸 USA |
 Emerson EMR | 4.21 | -86.03% | 🇺🇸 USA |
 Roper Technologies ROP | 17.8 | -40.99% | 🇺🇸 USA |
 Honeywell HON | 23.1 | -23.57% | 🇺🇸 USA |
 Danaher DHR | 28.7 | -4.83% | 🇺🇸 USA |
 Itron
ITRI | 69.5 | 130.45% | 🇺🇸 USA |
 Hurco Companies HURC | 41.0 | 35.81% | 🇺🇸 USA |
 Cognex CGNX | 41.9 | 39.05% | 🇺🇸 USA |
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.