P/E ratio for Gorman-Rupp (GRC)
P/E ratio as of September 2023 (TTM): 38.2
According to Gorman-Rupp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.1687. At the end of 2021 the company had a P/E ratio of 39.1.
P/E ratio history for Gorman-Rupp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 39.1 | 16.82% |
| 2020 | 33.5 | 22.22% |
| 2019 | 27.4 | 29.22% |
| 2018 | 21.2 | -30.77% |
| 2017 | 30.6 | |
| 2015 | 27.8 | 19.63% |
| 2014 | 23.3 | -19.79% |
| 2013 | 29.0 | 30.36% |
| 2012 | 22.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IDEX IEX | 26.7 | -30.05% | 🇺🇸 USA |
 Xylem XYL | 47.5 | 24.53% | 🇺🇸 USA |
 Flowserve
FLS | 21.9 | -42.61% | 🇺🇸 USA |
 Franklin Electric
FELE | 21.3 | -44.25% | 🇺🇸 USA |
 Colfax Corporation CFX | 27.1 | -28.93% | 🇺🇸 USA |
 ITT ITT | 18.8 | -50.74% | 🇺🇸 USA |
 Graco GGG | 24.1 | -36.82% | 🇺🇸 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.