P/E ratio for Franklin Electric (FELE)

P/E ratio history for Franklin Electric 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
A. O. Smith AOS	42.4	71.28%	🇺🇸 USA
Gorman-Rupp GRC	35.8	44.61%	🇺🇸 USA
Flowserve FLS	25.6	3.61%	🇺🇸 USA
Allied Motion Technologies AMOT	23.0	-6.92%	🇺🇸 USA
Ametek AME	31.0	25.24%	🇺🇸 USA
Xylem XYL	55.3	123.68%	🇺🇸 USA
Colfax Corporation CFX	27.1	9.65%	🇺🇸 USA
Dover DOV	26.1	5.56%	🇺🇸 USA
Danaher DHR	34.6	39.91%	🇺🇸 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.