P/E ratio for Ametek (AME)
P/E ratio as of May 2024 (TTM): 30.2
According to Ametek's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1996. At the end of 2022 the company had a P/E ratio of 27.7.
P/E ratio history for Ametek from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.7 | -19.47% |
| 2021 | 34.4 | 8.23% |
| 2020 | 31.7 | 20.62% |
| 2019 | 26.3 | 31.39% |
| 2018 | 20.0 | -18.19% |
| 2017 | 24.5 | 10.33% |
| 2016 | 22.2 | 1.87% |
| 2015 | 21.8 | -1.49% |
| 2014 | 22.1 | -11.41% |
| 2013 | 25.0 | 26.24% |
| 2012 | 19.8 | 13.43% |
| 2011 | 17.4 | -20.57% |
| 2010 | 21.9 | 10.2% |
| 2009 | 19.9 | 54.27% |
| 2008 | 12.9 | -40.74% |
| 2007 | 21.8 | 18.37% |
| 2006 | 18.4 | -14.99% |
| 2005 | 21.6 | -1.98% |
| 2004 | 22.1 | 16.7% |
| 2003 | 18.9 | 24.89% |
| 2002 | 15.2 | -4.01% |
| 2001 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 40.3 | 33.41% | 🇺🇸 USA |
 Emerson EMR | 4.90 | -83.77% | 🇺🇸 USA |
 General Electric GE | 18.8 | -37.60% | 🇺🇸 USA |
 Roper Technologies ROP | 19.6 | -35.15% | 🇺🇸 USA |
 Danaher DHR | 33.0 | 9.35% | 🇺🇸 USA |
 Bruker BRKR | 34.9 | 15.70% | 🇺🇸 USA |
 ESCO Technologies
ESE | 30.5 | 1.15% | 🇺🇸 USA |
 Teledyne TDY | 23.9 | -20.72% | 🇺🇸 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.