Rockwell Automation
ROK
#580
Rank
$33.38 B
Marketcap
$291.33
Share price
0.04%
Change (1 day)
4.50%
Change (1 year)
Rockwell Automation, Inc. is one of the world's largest specialized manufacturers of automation and information solutions for industrial production.

P/E ratio for Rockwell Automation (ROK)

P/E ratio as of March 2024 (TTM): 24.2

According to Rockwell Automation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2327. At the end of 2022 the company had a P/E ratio of 27.8.

P/E ratio history for Rockwell Automation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.8-30.95%
202140.380.7%
202022.3-13.09%
201925.618.4%
201821.6-67.98%
201767.6195.62%
201622.933.72%
201517.1-5.39%
201418.1-12.71%
201320.725.19%
201216.515.07%
201114.4-24.28%
201019.0-48.75%
200937.0326.28%
20088.69-1.58%
20078.83-25.26%
200611.8-49.08%
200523.2-1.68%
200423.68.7%
200321.736.26%
200215.9-145.49%
2001-35.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.9 56.41%๐Ÿ‡บ๐Ÿ‡ธ USA
32.9 35.75%๐Ÿ‡บ๐Ÿ‡ธ USA
4.93-79.66%๐Ÿ‡บ๐Ÿ‡ธ USA
30.4 25.47%๐Ÿ‡บ๐Ÿ‡ธ USA
25.2 4.05%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-39.68%๐Ÿ‡จ๐Ÿ‡ณ China
-128-630.20%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-10.43%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.