P/E ratio for Illinois Tool Works (ITW)

P/E ratio history for Illinois Tool Works from 2001 to 2024

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
Dover DOV	11.0	-47.04%	🇺🇸 USA
Graco GGG	29.4	41.21%	🇺🇸 USA
Flowserve FLS	27.4	31.62%	🇺🇸 USA
Lincoln Electric LECO	23.1	10.61%	🇺🇸 USA
Parker-Hannifin PH	27.5	31.86%	🇺🇸 USA
Middleby MIDD	20.4	-2.27%	🇺🇸 USA
Nordson NDSN	25.4	21.83%	🇺🇸 USA
3M MMM	18.6	-10.76%	🇺🇸 USA
Ingersoll Rand IR	40.0	91.98%	🇮🇪 Ireland
John Bean Technologies JBT	7.14	-65.72%	🇺🇸 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.