Roper Technologies
ROP
#340
Rank
$48.15 B
Marketcap
$451.73
Share price
0.39%
Change (1 day)
2.10%
Change (1 year)

P/E ratio for Roper Technologies (ROP)

P/E ratio as of May 2023 (TTM): 10.5

According to Roper Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5264. 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
202144.9-5.39%
202047.5127.98%
201920.8-28.58%
201829.26.96%
201727.3-3.21%
201628.22.55%
201527.513.66%
201424.2-5.55%
201325.613.61%
201222.515.37%
201119.5
200328.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.3 216.46%๐Ÿ‡บ๐Ÿ‡ธ USA
28.4 169.58%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72-7.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-250-2,470.35%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2 148.71%๐Ÿ‡บ๐Ÿ‡ธ USA
30.0 185.31%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2 129.49%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 138.55%๐Ÿ‡บ๐Ÿ‡ธ USA
57.3 444.38%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 99.81%๐Ÿ‡บ๐Ÿ‡ธ 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.