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	24.2	-3.61%	🇺🇸 USA
IDEX IEX	20.5	-18.54%	🇺🇸 USA
Flowserve FLS	22.6	-10.00%	🇺🇸 USA
Parker-Hannifin PH	31.8	26.35%	🇺🇸 USA
Northrop Grumman NOC	15.5	-38.47%	🇺🇸 USA
Amphenol APH	22.1	-12.13%	🇺🇸 USA
Boeing BA	-36.7	-245.84%	🇺🇸 USA
Colfax Corporation CFX	27.1	7.87%	🇺🇸 USA
Lockheed Martin LMT	16.9	-32.89%	🇺🇸 USA
General Dynamics GD	22.0	-12.45%	🇺🇸 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.