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	31.7	12.60%	🇺🇸 USA
Graco GGG	28.7	1.99%	🇺🇸 USA
Gorman-Rupp GRC	38.0	35.08%	🇺🇸 USA
Parker-Hannifin PH	38.2	35.76%	🇺🇸 USA
Colfax Corporation CFX	27.1	-3.51%	🇺🇸 USA
Roper Technologies ROP	20.5	-26.97%	🇺🇸 USA
Dover DOV	27.6	-1.79%	🇺🇸 USA
Xylem XYL	49.4	75.88%	🇺🇸 USA
ITT ITT	28.8	2.57%	🇺🇸 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.