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	-6.02%	🇺🇸 USA
IDEX IEX	27.9	-5.69%	🇺🇸 USA
Flowserve FLS	32.1	8.65%	🇺🇸 USA
Parker-Hannifin PH	38.4	30.06%	🇺🇸 USA
Northrop Grumman NOC	16.2	-45.02%	🇺🇸 USA
Amphenol APH	22.7	-23.04%	🇺🇸 USA
Boeing BA	-30.5	-203.24%	🇺🇸 USA
Colfax Corporation CFX	27.1	-8.22%	🇺🇸 USA
Lockheed Martin LMT	19.7	-33.24%	🇺🇸 USA
General Dynamics GD	23.2	-21.53%	🇺🇸 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.