P/E ratio for ESCO Technologies (ESE)

P/E ratio history for ESCO 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
Itron ITRI	66.5	51.82%	🇺🇸 USA
Ametek AME	29.9	-31.74%	🇺🇸 USA
Danaher DHR	24.4	-44.25%	🇺🇸 USA
Roper Technologies ROP	20.1	-54.21%	🇺🇸 USA
Cognex CGNX	29.6	-32.49%	🇺🇸 USA
Honeywell HON	24.7	-43.74%	🇺🇸 USA
Hurco Companies HURC	30.7	-29.87%	🇺🇸 USA
Emerson EMR	4.54	-89.64%	🇺🇸 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.