P/E ratio for ITT (ITT)

P/E ratio history for ITT 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
Honeywell HON	28.1	2.55%	🇺🇸 USA
IDEX IEX	26.1	-4.82%	🇺🇸 USA
Flowserve FLS	31.1	13.61%	🇺🇸 USA
Parker-Hannifin PH	35.4	29.05%	🇺🇸 USA
Northrop Grumman NOC	15.4	-43.65%	🇺🇸 USA
Amphenol APH	22.0	-19.69%	🇺🇸 USA
Boeing BA	-38.2	-239.54%	🇺🇸 USA
Colfax Corporation CFX	27.1	-0.98%	🇺🇸 USA
Lockheed Martin LMT	17.7	-35.34%	🇺🇸 USA
General Dynamics GD	22.0	-19.61%	🇺🇸 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.