P/E ratio for ITT (ITT)

P/E ratio history for ITT 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
Honeywell HON	28.1	-2.26%	🇺🇸 USA
IDEX IEX	28.1	-2.37%	🇺🇸 USA
Flowserve FLS	31.5	9.32%	🇺🇸 USA
Parker-Hannifin PH	38.1	32.47%	🇺🇸 USA
Northrop Grumman NOC	16.2	-43.80%	🇺🇸 USA
Amphenol APH	21.9	-24.02%	🇺🇸 USA
Boeing BA	-29.7	-203.18%	🇺🇸 USA
Colfax Corporation CFX	27.1	-5.75%	🇺🇸 USA
Lockheed Martin LMT	19.5	-32.41%	🇺🇸 USA
General Dynamics GD	23.8	-17.44%	🇺🇸 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.