P/E ratio for IDEX (IEX)

P/E ratio history for IDEX 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
Flowserve FLS	31.3	20.15%	🇺🇸 USA
Graco GGG	27.3	4.75%	🇺🇸 USA
Gorman-Rupp GRC	35.8	37.64%	🇺🇸 USA
Parker-Hannifin PH	35.7	37.22%	🇺🇸 USA
Colfax Corporation CFX	27.1	4.27%	🇺🇸 USA
Roper Technologies ROP	19.2	-26.20%	🇺🇸 USA
Dover DOV	26.0	-0.05%	🇺🇸 USA
Xylem XYL	48.0	84.62%	🇺🇸 USA
ITT ITT	27.4	5.45%	🇺🇸 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.