P/E ratio for Graco (GGG)

P/E ratio history for Graco 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
Gorman-Rupp GRC	35.2	30.69%	🇺🇸 USA
Flowserve FLS	25.1	-6.90%	🇺🇸 USA
IDEX IEX	25.2	-6.39%	🇺🇸 USA
Xylem XYL	54.0	100.65%	🇺🇸 USA
Colfax Corporation CFX	27.1	0.77%	🇺🇸 USA
ITT ITT	26.4	-2.04%	🇺🇸 USA
Illinois Tool Works ITW	24.5	-9.11%	🇺🇸 USA
Chart Industries GTLS	-72.8	-370.52%	🇺🇸 USA
Dover DOV	25.4	-5.63%	🇺🇸 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.