P/E ratio for Illinois Tool Works (ITW)

P/E ratio history for Illinois Tool Works from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Dover Corporation DOV	12.5	-50.18%	🇺🇸 USA
Graco GGG	29.1	16.17%	🇺🇸 USA
Flowserve FLS	21.7	-13.25%	🇺🇸 USA
Lincoln Electric LECO	27.2	8.58%	🇺🇸 USA
Parker-Hannifin PH	32.9	31.25%	🇺🇸 USA
Middleby MIDD	-35.6	-242.14%	🇺🇸 USA
Nordson NDSN	31.1	24.22%	🇺🇸 USA
3M MMM	27.0	7.77%	🇺🇸 USA
Ingersoll Rand IR	63.2	152.53%	🇮🇪 Ireland
John Bean Technologies JBT	7.14	-71.46%	🇺🇸 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.