P/E ratio for Rockwell Automation (ROK)

P/E ratio history for Rockwell Automation 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
Emerson EMR	5.57	-75.92%	🇺🇸 USA
Honeywell HON	27.8	19.99%	🇺🇸 USA
AspenTech AZPN	-150	-746.66%	🇺🇸 USA
Ametek AME	35.2	52.10%	🇺🇸 USA
Parker-Hannifin PH	38.4	66.06%	🇺🇸 USA
Microsoft MSFT	35.6	53.89%	🇺🇸 USA
ABB ABBN.SW	26.1	12.92%	🇨🇭 Switzerland
Hollysys Automation Technologie HOLI	15.1	-34.78%	🇨🇳 China

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.