P/E ratio for ESCO Technologies (ESE)

P/E ratio history for ESCO Technologies 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
Itron ITRI	75.0	88.56%	🇺🇸 USA
Ametek AME	34.0	-14.51%	🇺🇸 USA
Danaher DHR	30.7	-22.81%	🇺🇸 USA
Roper Technologies ROP	20.8	-47.67%	🇺🇸 USA
Cognex CGNX	47.3	19.01%	🇺🇸 USA
Honeywell HON	26.7	-32.78%	🇺🇸 USA
Hurco Companies HURC	42.3	6.43%	🇺🇸 USA
Emerson EMR	5.53	-86.10%	🇺🇸 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.