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	24.6	-3.18%	🇺🇸 USA
IDEX IEX	25.6	0.54%	🇺🇸 USA
Parker-Hannifin PH	34.8	36.86%	🇺🇸 USA
Flowserve FLS	30.7	20.76%	🇺🇸 USA
Ingersoll Rand IR	47.9	88.16%	🇮🇪 Ireland
NOV NOV	11.4	-55.11%	🇺🇸 USA
General Electric GE	19.7	-22.76%	🇺🇸 USA
Zebra Technologies ZBRA	42.5	67.00%	🇺🇸 USA
Danaher DHR	28.6	12.50%	🇺🇸 USA
Curtiss-Wright CW	39.9	56.69%	🇺🇸 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.