P/E ratio for IDEX (IEX)
P/E ratio as of April 2024 (TTM): 27.5
According to IDEX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.5294. At the end of 2022 the company had a P/E ratio of 29.5.
P/E ratio history for IDEX from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 18.96% |
| 2016 | 25.2 | 19.53% |
| 2015 | 21.0 | -5.91% |
| 2014 | 22.4 | -5.8% |
| 2013 | 23.7 | -78.06% |
| 2012 | 108 | 582.32% |
| 2011 | 15.9 | -21.76% |
| 2010 | 20.3 | -8.25% |
| 2009 | 22.1 | 41.79% |
| 2008 | 15.6 | -16.77% |
| 2007 | 18.7 | 8.98% |
| 2006 | 17.2 | -10.58% |
| 2005 | 19.2 | -18.18% |
| 2004 | 23.5 | 8.39% |
| 2003 | 21.7 | 13.28% |
| 2002 | 19.1 | -40.14% |
| 2001 | 31.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dover DOV | 23.4 | -14.92% | 🇺🇸 USA |
 Parker-Hannifin
PH | 29.9 | 8.57% | 🇺🇸 USA |
 Roper Technologies ROP | 19.6 | -28.96% | 🇺🇸 USA |
 Xylem XYL | 53.1 | 92.95% | 🇺🇸 USA |
 Flowserve
FLS | 25.0 | -9.23% | 🇺🇸 USA |
 Colfax Corporation CFX | 27.1 | -1.47% | 🇺🇸 USA |
 ITT ITT | 24.8 | -9.89% | 🇺🇸 USA |
 Graco GGG | 28.7 | 4.36% | 🇺🇸 USA |
 Gorman-Rupp GRC | 33.8 | 22.63% | 🇺🇸 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.