P/E ratio for Roper Technologies (ROP)
P/E ratio as of May 2024 (TTM): 19.9
According to Roper Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8608. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for Roper Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | -77.59% |
| 2021 | 44.9 | -5.39% |
| 2020 | 47.5 | 127.98% |
| 2019 | 20.8 | -28.58% |
| 2018 | 29.2 | 6.96% |
| 2017 | 27.3 | -3.21% |
| 2016 | 28.2 | 2.55% |
| 2015 | 27.5 | 13.66% |
| 2014 | 24.2 | -5.55% |
| 2013 | 25.6 | 13.61% |
| 2012 | 22.5 | 15.37% |
| 2011 | 19.5 | -12.65% |
| 2010 | 22.3 | 12.66% |
| 2009 | 19.8 | 45.32% |
| 2008 | 13.7 | -38.01% |
| 2007 | 22.0 | -2.69% |
| 2006 | 22.6 | -18.38% |
| 2005 | 27.7 | -16.96% |
| 2004 | 33.4 | |
| 2002 | 44.4 | -18.44% |
| 2001 | 54.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 38.7 | 94.97% | 🇺🇸 USA |
 Ametek AME | 30.3 | 52.68% | 🇺🇸 USA |
 Emerson EMR | 4.94 | -75.12% | 🇺🇸 USA |
 General Electric GE | 18.6 | -6.20% | 🇺🇸 USA |
 IDEX IEX | 26.9 | 35.62% | 🇺🇸 USA |
 Teleflex TFX | 25.0 | 25.64% | 🇺🇸 USA |
 Danaher DHR | 33.3 | 67.69% | 🇺🇸 USA |
 PerkinElmer
PKI | 15.0 | -24.64% | 🇺🇸 USA |
 Badger Meter
BMI | 67.3 | 239.09% | 🇺🇸 USA |
 Watts Water Technologies
WTS | 26.4 | 32.94% | 🇺🇸 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.