Roper Technologies
ROP
#344
Rank
โ‚ฌ56.48 B
Marketcap
526,77ย โ‚ฌ
Share price
0.56%
Change (1 day)
9.89%
Change (1 year)

P/E ratio for Roper Technologies (ROP)

P/E ratio as of November 2024 (TTM): 20.1

According to Roper Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1142. 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
202210.1-77.59%
202144.9-5.39%
202047.5127.98%
201920.8-28.58%
201829.26.96%
201727.3-3.21%
201628.22.55%
201527.513.66%
201424.2-5.55%
201325.613.61%
201222.515.37%
201119.5-12.65%
201022.312.66%
200919.845.32%
200813.7-38.01%
200722.0-2.69%
200622.6-18.38%
200527.7-16.96%
200433.4
200244.4-18.44%
200154.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.2 45.16%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1 74.40%๐Ÿ‡บ๐Ÿ‡ธ USA
27.9 38.86%๐Ÿ‡บ๐Ÿ‡ธ USA
75.4 274.80%๐Ÿ‡บ๐Ÿ‡ธ USA
5.63-72.03%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 4.45%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1 10.01%๐Ÿ‡บ๐Ÿ‡ธ USA
33.5 66.76%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-25.59%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7 27.90%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.