P/E ratio for Gorman-Rupp (GRC)
P/E ratio as of April 2024 (TTM): 29.1
According to Gorman-Rupp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.1204. At the end of 2022 the company had a P/E ratio of 59.6.
P/E ratio history for Gorman-Rupp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.6 | 52.46% |
| 2021 | 39.1 | 16.82% |
| 2020 | 33.5 | 22.22% |
| 2019 | 27.4 | 29.22% |
| 2018 | 21.2 | -30.77% |
| 2017 | 30.6 | -6.08% |
| 2016 | 32.6 | 17.01% |
| 2015 | 27.8 | 19.63% |
| 2014 | 23.3 | -20.07% |
| 2013 | 29.1 | 30.81% |
| 2012 | 22.3 | 12.74% |
| 2011 | 19.7 | -5% |
| 2010 | 20.8 | -18.03% |
| 2009 | 25.4 | 32.82% |
| 2008 | 19.1 | -20.08% |
| 2007 | 23.9 | -20.65% |
| 2006 | 30.1 | 39.29% |
| 2005 | 21.6 | -26.51% |
| 2004 | 29.4 | 12.52% |
| 2003 | 26.1 | 16.86% |
| 2002 | 22.4 | 41.36% |
| 2001 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IDEX IEX | 27.4 | -6.04% | 🇺🇸 USA |
 Xylem XYL | 53.1 | 82.32% | 🇺🇸 USA |
 Flowserve
FLS | 24.8 | -14.88% | 🇺🇸 USA |
 Franklin Electric
FELE | 24.4 | -16.16% | 🇺🇸 USA |
 Colfax Corporation CFX | 27.1 | -6.85% | 🇺🇸 USA |
 ITT ITT | 24.7 | -15.03% | 🇺🇸 USA |
 Graco GGG | 26.7 | -8.21% | 🇺🇸 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.