P/E ratio for Dover (DOV)

P/E ratio history for Dover 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
Illinois Tool Works ITW	24.7	-5.05%	🇺🇸 USA
IDEX IEX	25.7	-1.06%	🇺🇸 USA
Parker-Hannifin PH	34.2	31.55%	🇺🇸 USA
Flowserve FLS	25.6	-1.30%	🇺🇸 USA
Ingersoll Rand IR	51.4	97.93%	🇮🇪 Ireland
NOV NOV	13.2	-49.10%	🇺🇸 USA
General Electric GE	21.9	-15.68%	🇺🇸 USA
Zebra Technologies ZBRA	40.5	55.86%	🇺🇸 USA
Danaher DHR	34.2	31.61%	🇺🇸 USA
Curtiss-Wright CW	36.4	40.14%	🇺🇸 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.