P/E ratio for ITT (ITT)

P/E ratio history for ITT 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
Honeywell HON	27.8	3.12%	🇺🇸 USA
IDEX IEX	25.6	-5.20%	🇺🇸 USA
Flowserve FLS	30.7	13.86%	🇺🇸 USA
Parker-Hannifin PH	34.8	29.04%	🇺🇸 USA
Northrop Grumman NOC	15.3	-43.43%	🇺🇸 USA
Amphenol APH	21.6	-20.05%	🇺🇸 USA
Boeing BA	-37.6	-239.14%	🇺🇸 USA
Colfax Corporation CFX	27.1	0.48%	🇺🇸 USA
Lockheed Martin LMT	17.6	-34.82%	🇺🇸 USA
General Dynamics GD	21.8	-19.17%	🇺🇸 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.