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
Boeing BA	18.1	-57.65%	🇺🇸 USA
Lockheed Martin LMT	20.8	-51.18%	🇺🇸 USA
General Dynamics GD	21.8	-48.85%	🇺🇸 USA
IDEX IEX	32.7	-23.33%	🇺🇸 USA
Northrop Grumman NOC	18.3	-57.07%	🇺🇸 USA
Parker-Hannifin PH	33.1	-22.34%	🇺🇸 USA
Honeywell HON	9.74	-77.15%	🇺🇸 USA
Amphenol APH	38.4	-9.82%	🇺🇸 USA
Flowserve FLS	42.9	0.69%	🇺🇸 USA
Colfax Corporation CFX	27.1	-36.35%	🇺🇸 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.