P/E ratio for Dover Corporation (DOV)

P/E ratio history for Dover Corporation 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
General Electric GE	37.0	56.93%	🇺🇸 USA
IDEX IEX	31.4	33.25%	🇺🇸 USA
Illinois Tool Works ITW	25.0	5.94%	🇺🇸 USA
NOV NOV	43.9	86.07%	🇺🇸 USA
Parker-Hannifin PH	31.8	34.60%	🇺🇸 USA
Zebra Technologies ZBRA	29.2	23.96%	🇺🇸 USA
Danaher DHR	37.6	59.46%	🇺🇸 USA
Flowserve FLS	40.2	70.32%	🇺🇸 USA
Ingersoll Rand IR	23.2	-1.47%	🇮🇪 Ireland
Curtiss-Wright CW	31.7	34.45%	🇺🇸 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.