P/E ratio for ITT (ITT)
P/E ratio as of May 2024 (TTM): 26.3
According to ITT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3289. At the end of 2022 the company had a P/E ratio of 18.4.
P/E ratio history for ITT from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.4 | -33.78% |
| 2021 | 27.8 | -70.07% |
| 2020 | 92.8 | 364.54% |
| 2019 | 20.0 | 57.67% |
| 2018 | 12.7 | -69.38% |
| 2017 | 41.4 | 123.11% |
| 2016 | 18.5 | 100.14% |
| 2015 | 9.27 | -53.74% |
| 2014 | 20.0 | 149.1% |
| 2013 | 8.04 | -53.73% |
| 2012 | 17.4 | -226.76% |
| 2011 | -13.7 | -794.2% |
| 2010 | 1.97 | -15.71% |
| 2009 | 2.34 | 35.19% |
| 2008 | 1.73 | -34.79% |
| 2007 | 2.66 | -11.14% |
| 2006 | 2.99 | -31.58% |
| 2005 | 4.37 | 46.1% |
| 2004 | 2.99 | 6.26% |
| 2003 | 2.82 | 16.4% |
| 2002 | 2.42 | -9.29% |
| 2001 | 2.67 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -38.9 | -247.85% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.9 | -35.73% | 🇺🇸 USA |
 General Dynamics GD | 24.5 | -6.94% | 🇺🇸 USA |
 IDEX IEX | 27.2 | 3.44% | 🇺🇸 USA |
 Northrop Grumman NOC | 15.4 | -41.48% | 🇺🇸 USA |
 Parker-Hannifin
PH | 29.5 | 12.09% | 🇺🇸 USA |
 Honeywell HON | 25.4 | -3.59% | 🇺🇸 USA |
 Amphenol APH | 40.9 | 55.36% | 🇺🇸 USA |
 Flowserve
FLS | 26.7 | 1.23% | 🇺🇸 USA |
 Colfax Corporation CFX | 27.1 | 3.02% | 🇺🇸 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.