IDEX
IEX
#981
Rank
$16.67 B
Marketcap
$220.83
Share price
0.63%
Change (1 day)
13.41%
Change (1 year)
IDEX Corporation, is an American company founded in 1988 that develops, designs and manufactures fluidic systems and specialty technical handling.

P/E ratio for IDEX (IEX)

P/E ratio as of March 2023 (TTM): 28.5

According to IDEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.4942. At the end of 2021 the company had a P/E ratio of 40.1.

P/E ratio history for IDEX from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202140.10.54%
202039.830.41%
201930.629.94%
201823.5-21.43%
201729.9
201323.7-78.06%
2012108

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.2-32.59%๐Ÿ‡บ๐Ÿ‡ธ USA
33.5 17.49%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-64.71%๐Ÿ‡บ๐Ÿ‡ธ USA
56.6 98.57%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3-21.62%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-4.81%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-34.43%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-9.74%๐Ÿ‡บ๐Ÿ‡ธ USA
56.1 96.86%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.