P/E ratio for ITT (ITT)

P/E ratio history for ITT from 2001 to 2023

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
Honeywell HON	24.8	-6.05%	🇺🇸 USA
IDEX IEX	25.2	-4.44%	🇺🇸 USA
Flowserve FLS	25.1	-4.96%	🇺🇸 USA
Parker-Hannifin PH	33.3	26.36%	🇺🇸 USA
Northrop Grumman NOC	17.1	-35.24%	🇺🇸 USA
Amphenol APH	19.7	-25.44%	🇺🇸 USA
Boeing BA	-33.0	-225.16%	🇺🇸 USA
Colfax Corporation CFX	27.1	2.88%	🇺🇸 USA
Lockheed Martin LMT	20.6	-21.93%	🇺🇸 USA
General Dynamics GD	25.1	-4.99%	🇺🇸 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.