P/E ratio for ESCO Technologies (ESE)
P/E ratio as of April 2024 (TTM): 29.5
According to ESCO Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.4522. At the end of 2022 the company had a P/E ratio of 26.4.
P/E ratio history for ESCO Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.4 | -30.07% |
| 2021 | 37.8 | -64.1% |
| 2020 | 105 | 559.29% |
| 2019 | 16.0 | -29.99% |
| 2018 | 22.8 | 13.79% |
| 2017 | 20.1 | -34.15% |
| 2016 | 30.5 | 36.36% |
| 2015 | 22.3 | -101.3% |
| 2014 | < -1000 | -6102.59% |
| 2013 | 28.7 | 21.32% |
| 2012 | 23.7 | 44.79% |
| 2011 | 16.4 | -9.25% |
| 2010 | 18.0 | -15.56% |
| 2009 | 21.3 | -0.47% |
| 2008 | 21.4 | -21.63% |
| 2007 | 27.4 | -34.98% |
| 2006 | 42.1 | 31.45% |
| 2005 | 32.0 | 29.45% |
| 2004 | 24.7 | -286.36% |
| 2003 | -13.3 | -167.41% |
| 2002 | 19.7 | 42.66% |
| 2001 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 32.1 | 8.83% | 🇺🇸 USA |
 Emerson EMR | 4.76 | -83.83% | 🇺🇸 USA |
 Roper Technologies ROP | 19.6 | -33.60% | 🇺🇸 USA |
 Honeywell HON | 23.9 | -18.75% | 🇺🇸 USA |
 Danaher DHR | 31.2 | 6.01% | 🇺🇸 USA |
 Itron
ITRI | 57.6 | 95.48% | 🇺🇸 USA |
 Hurco Companies HURC | 36.5 | 23.80% | 🇺🇸 USA |
 Cognex CGNX | 43.4 | 47.49% | 🇺🇸 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.