Ametek
AME
#520
Rank
C$53.73 B
Marketcap
$232.08
Share price
-0.67%
Change (1 day)
13.78%
Change (1 year)
Ametek, Inc. is an American manufacturer of electronic and electromechanical instruments.

P/E ratio for Ametek (AME)

P/E ratio as of September 2024 (TTM): 30.7

According to Ametek's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7356. 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
202227.7-19.47%
202134.48.23%
202031.720.62%
201926.331.39%
201820.0-18.19%
201724.510.33%
201622.21.87%
201521.8-1.49%
201422.1-11.41%
201325.026.24%
201219.813.43%
201117.4-20.57%
201021.910.2%
200919.954.27%
200812.9-40.74%
200721.818.37%
200618.4-14.99%
200521.6-1.98%
200422.116.7%
200318.924.89%
200215.2-4.01%
200115.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.56-85.16%๐Ÿ‡บ๐Ÿ‡ธ USA
34.2 11.25%๐Ÿ‡บ๐Ÿ‡ธ USA
31.3 1.95%๐Ÿ‡บ๐Ÿ‡ธ USA
35.3 14.93%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-34.19%๐Ÿ‡บ๐Ÿ‡ธ USA
36.4 18.56%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-28.73%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-16.49%๐Ÿ‡บ๐Ÿ‡ธ 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.