P/E ratio for IDEX (IEX)
P/E ratio as of July 2025 (TTM): 28.9
According to IDEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.9176. At the end of 2024 the company had a P/E ratio of 31.5.
P/E ratio history for IDEX from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 31.5 | 14.08% |
| 2023 | 27.6 | -6.36% |
| 2022 | 29.5 | -26.44% |
| 2021 | 40.1 | 0.54% |
| 2020 | 39.8 | 30.41% |
| 2019 | 30.6 | 29.94% |
| 2018 | 23.5 | -21.43% |
| 2017 | 29.9 | |
| 2013 | 23.7 | -78.06% |
| 2012 | 108 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flowserve
FLS | 24.9 | -13.76% | 🇺🇸 USA |
 Graco GGG | 30.5 | 5.49% | 🇺🇸 USA |
 Gorman-Rupp GRC | 22.5 | -22.35% | 🇺🇸 USA |
 Parker-Hannifin
PH | 26.8 | -7.33% | 🇺🇸 USA |
 Colfax Corporation CFX | 27.1 | -6.20% | 🇺🇸 USA |
 Roper Technologies ROP | 40.4 | 39.76% | 🇺🇸 USA |
 Dover DOV | 11.3 | -61.05% | 🇺🇸 USA |
 Xylem XYL | 43.7 | 50.97% | 🇺🇸 USA |
 ITT ITT | 25.0 | -13.60% | 🇺🇸 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.