ESCO Technologies
ESE
#3176
Rank
HK$29.76 B
Marketcap
HK$1,156
Share price
1.04%
Change (1 day)
41.96%
Change (1 year)

P/E ratio for ESCO Technologies (ESE)

P/E ratio as of November 2024 (TTM): 41.9

According to ESCO Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.9471. At the end of 2022 the company had a P/E ratio of 26.4.

P/E ratio history for ESCO Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.4-30.07%
202137.8-64.1%
2020105559.29%
201916.0-29.99%
201822.813.79%
201720.1-34.15%
201630.536.36%
201522.3-101.3%
2014< -1000-6102.59%
201328.721.32%
201223.744.79%
201116.4-9.25%
201018.0-15.56%
200921.3-0.47%
200821.4-21.63%
200727.4-34.98%
200642.131.45%
200532.029.45%
200424.7-286.36%
2003-13.3-167.41%
200219.742.66%
200113.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
71.0 69.16%๐Ÿ‡บ๐Ÿ‡ธ USA
35.2-16.06%๐Ÿ‡บ๐Ÿ‡ธ USA
29.3-30.13%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-51.97%๐Ÿ‡บ๐Ÿ‡ธ USA
43.1 2.69%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8-33.79%๐Ÿ‡บ๐Ÿ‡ธ USA
44.0 4.94%๐Ÿ‡บ๐Ÿ‡ธ USA
5.57-86.71%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.