P/E ratio for Roper Technologies (ROP)

P/E ratio history for Roper Technologies 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
Danaher DHR	27.8	33.07%	🇺🇸 USA
Ametek AME	33.5	60.64%	🇺🇸 USA
IDEX IEX	27.5	31.85%	🇺🇸 USA
Badger Meter BMI	72.5	247.17%	🇺🇸 USA
Emerson EMR	5.72	-72.61%	🇺🇸 USA
General Electric GE	24.0	14.78%	🇺🇸 USA
Teleflex TFX	21.4	2.52%	🇺🇸 USA
Thermo Fisher Scientific TMO	39.6	89.89%	🇺🇸 USA
PerkinElmer PKI	15.0	-28.28%	🇺🇸 USA
Watts Water Technologies WTS	25.4	21.79%	🇺🇸 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.