ITT
ITT
#1385
Rank
โ‚ฌ12.31 B
Marketcap
151,05ย โ‚ฌ
Share price
1.88%
Change (1 day)
51.02%
Change (1 year)

P/E ratio for ITT (ITT)

P/E ratio as of November 2024 (TTM): 30.1

According to ITT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1103. At the end of 2022 the company had a P/E ratio of 18.4.

P/E ratio history for ITT from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.4-33.78%
202127.8-70.07%
202092.8364.54%
201920.057.67%
201812.7-69.38%
201741.4123.11%
201618.5100.14%
20159.27-53.74%
201420.0149.1%
20138.04-53.73%
201217.4-226.76%
2011-13.7-794.2%
20101.97-15.71%
20092.3435.19%
20081.73-34.79%
20072.66-11.14%
20062.99-31.58%
20054.3746.1%
20042.996.26%
20032.8216.4%
20022.42-9.29%
20012.67

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.1-6.52%๐Ÿ‡บ๐Ÿ‡ธ USA
28.5-5.37%๐Ÿ‡บ๐Ÿ‡ธ USA
32.6 8.34%๐Ÿ‡บ๐Ÿ‡ธ USA
38.7 28.42%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-45.98%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1-23.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.8-205.49%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-9.91%๐Ÿ‡บ๐Ÿ‡ธ USA
19.7-34.45%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3-22.46%๐Ÿ‡บ๐Ÿ‡ธ 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.