Graco
GGG
#1156
Rank
$15.74 B
Marketcap
$93.46
Share price
-0.75%
Change (1 day)
32.70%
Change (1 year)
Graco is an American company that manufactures devices for applying paints, powder coatings, sealants, lubricants or road markings.

P/E ratio for Graco (GGG)

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

According to Graco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.0514. At the end of 2022 the company had a P/E ratio of 24.7.

P/E ratio history for Graco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.7-20.25%
202131.0-16%
202036.946.23%
201925.222.44%
201820.6-31.16%
201729.9-73.33%
2016112830.11%
201512.1-43.54%
201421.4-5.85%
201322.78.94%
201220.820.32%
201117.3-24.9%
201023.1-33.79%
200934.8195.12%
200811.8-25.22%
200715.8-11.93%
200617.9-10.07%
200519.9-16.21%
200423.812.43%
200321.217.7%
200218.0-2.84%
200118.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.2-19.45%๐Ÿ‡บ๐Ÿ‡ธ USA
29.9-0.49%๐Ÿ‡บ๐Ÿ‡ธ USA
26.0-13.65%๐Ÿ‡บ๐Ÿ‡ธ USA
52.5 74.82%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4-18.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-98.6-428.22%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-9.74%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-13.94%๐Ÿ‡บ๐Ÿ‡ธ USA
36.6 21.86%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.