P/E ratio for ESCO Technologies (ESE)

P/E ratio history for ESCO Technologies 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
Itron ITRI	66.5	75.37%	🇺🇸 USA
Ametek AME	32.8	-13.60%	🇺🇸 USA
Danaher DHR	28.8	-24.11%	🇺🇸 USA
Roper Technologies ROP	19.1	-49.78%	🇺🇸 USA
Cognex CGNX	39.7	4.65%	🇺🇸 USA
Honeywell HON	28.3	-25.51%	🇺🇸 USA
Hurco Companies HURC	37.1	-2.16%	🇺🇸 USA
Emerson EMR	5.46	-85.61%	🇺🇸 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.