According to Ametek's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.1619. At the end of 2022 the company had a P/E ratio of 27.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 27.7 | -19.47% |
2021 | 34.4 | 8.23% |
2020 | 31.7 | 20.62% |
2019 | 26.3 | 31.39% |
2018 | 20.0 | -18.19% |
2017 | 24.5 | 10.33% |
2016 | 22.2 | 1.87% |
2015 | 21.8 | -1.49% |
2014 | 22.1 | -11.41% |
2013 | 25.0 | 26.24% |
2012 | 19.8 | 13.43% |
2011 | 17.4 | -20.57% |
2010 | 21.9 | 10.2% |
2009 | 19.9 | 54.27% |
2008 | 12.9 | -40.74% |
2007 | 21.8 | 18.37% |
2006 | 18.4 | -14.99% |
2005 | 21.6 | -1.98% |
2004 | 22.1 | 16.7% |
2003 | 18.9 | 24.89% |
2002 | 15.2 | -4.01% |
2001 | 15.8 |
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.