P/E ratio for Roper Technologies (ROP)
P/E ratio as of January 2023 (TTM): 15.8
According to Roper Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7973. At the end of 2021 the company had a P/E ratio of 44.9.
P/E ratio history for Roper Technologies from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 44.9 | -5.39% |
| 2020 | 47.5 | 127.98% |
| 2019 | 20.8 | -28.58% |
| 2018 | 29.2 | 6.96% |
| 2017 | 27.3 | -3.21% |
| 2016 | 28.2 | 2.55% |
| 2015 | 27.5 | 13.66% |
| 2014 | 24.2 | -5.55% |
| 2013 | 25.6 | 13.61% |
| 2012 | 22.5 | 15.37% |
| 2011 | 19.5 | |
| 2003 | 28.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 32.0 | 102.52% | 🇺🇸 USA |
 Ametek AME | 29.2 | 84.77% | 🇺🇸 USA |
 Emerson EMR | 16.8 | 6.52% | 🇺🇸 USA |
 General Electric GE | -15.1 | -195.27% | 🇺🇸 USA |
 IDEX IEX | 31.5 | 99.10% | 🇺🇸 USA |
 Teleflex TFX | 27.7 | 75.42% | 🇺🇸 USA |
 Danaher DHR | 28.9 | 83.01% | 🇺🇸 USA |
 PerkinElmer
PKI | 28.2 | 78.30% | 🇺🇸 USA |
 Badger Meter
BMI | 49.5 | 213.51% | 🇺🇸 USA |
 Watts Water Technologies
WTS | 24.0 | 51.62% | 🇺🇸 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.