Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 35.01 is 91% above its 5-year average of 18.30, around the middle of its 5-year range (12.41–52.98).
As of Friday, September 4, 2026. 2.93% below its 12-month average of 36.07.
PE Ratio (35.01) = Close Price ($826.38) / Diluted TTM EPS ($23.60)
PE RATIO
35.01
PE RATIO AVG TTM
36.07
PE RATIO AVG 3Y
23.07
PE RATIO AVG 5Y
18.30
PE RATIO AVG 10Y
23.25
PE RATIO AVG 15Y
19.43
PE RATIO AVG 20Y
19.00
CURRENT VS TTM AVG
-2.93%
CURRENT VS 3Y AVG
+51.76%
CURRENT VS 5Y AVG
+91.36%
CURRENT VS 10Y AVG
+50.60%
CURRENT VS 15Y AVG
+80.21%
CURRENT VS 20Y AVG
+84.25%
SECTOR MEDIAN · INDUSTRIALS
29.31
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
+19.43%
vs the sector median at left
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | $380.66B | 35.01 | 36.07 | 23.07 | 18.30 |
| GE Aerospace (GE)vs › | $349.31B | 39.80 | 40.24 | 33.82 | 122.56 |
| RTX Corporation (RTX)vs › | $269.09B | 35.35 | 37.05 | 39.60 | 37.42 |
| GE Vernova Inc. (GEV)vs › | $258.88B | 27.04 | 68.93 | 72.67 | 72.67 |
| Siemens AG (SIEGY)vs › | $242.89B | 26.78 | 24.04 | 19.34 | 20.97 |
| Schneider Electric S.E. (SBGSY)vs › | $195.70B | 38.41 | 17.90 | 16.37 | 15.05 |
| Deere & Company (DE)vs › | $184.86B | 38.53 | 30.07 | 20.27 | 19.38 |
| ABB Ltd (ABBNY)vs › | $181.70B | 34.64 | 33.45 | 27.60 | 24.70 |
| Union Pacific Corporation (UNP)vs › | $172.13B | 23.45 | 21.13 | 21.47 | 21.35 |
| The Boeing Company (BA)vs › | $167.23B | 91.88 | 106.26 | 106.26 | 106.26 |
At 35.0, P/E is above its 20-year median — higher than 85% of readings in its 20-year history.
20-year low
3.9
median
16.8
20-year high
921.6
Trailing P/E
35.0
Forward P/E
29.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$826.38
Forward EPS (Est.)
$27.25
Forward P/E
29.87
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-04 | 35.01 |
| 2026-09-03 | 34.41 |
| 2026-09-02 | 34.08 |
| 2026-09-01 | 33.51 |
| 2026-08-31 | 34.30 |
| 2026-08-28 | 34.42 |
| 2026-08-27 | 35.14 |
| 2026-08-26 | 35.35 |
| 2026-08-25 | 34.89 |
| 2026-08-24 | 34.88 |
| 2026-08-21 | 35.61 |
| 2026-08-20 | 35.07 |
| 2026-08-19 | 35.10 |
| 2026-08-18 | 36.17 |
| 2026-08-17 | 37.92 |
| 2026-08-14 | 36.84 |
| 2026-08-13 | 36.76 |
| 2026-08-12 | 36.80 |
| 2026-08-11 | 36.27 |
| 2026-08-10 | 36.02 |
| 2026-08-07 | 36.22 |
| 2026-08-06 | 36.86 |
| 2026-08-05 | 37.47 |
| 2026-08-04 | 43.61 |
| 2026-08-03 | 41.30 |
| 2026-07-31 | 40.54 |
| 2026-07-30 | 40.26 |
| 2026-07-29 | 38.94 |
| 2026-07-28 | 41.83 |
| 2026-07-27 | 43.45 |
| 2026-07-24 | 44.22 |
| 2026-07-23 | 44.50 |
| 2026-07-22 | 44.24 |
| 2026-07-21 | 44.28 |
| 2026-07-20 | 43.00 |
| 2026-07-17 | 43.80 |
| 2026-07-16 | 43.64 |
| 2026-07-15 | 45.49 |
| 2026-07-14 | 46.43 |
| 2026-07-13 | 46.34 |
| 2026-07-10 | 47.38 |
| 2026-07-09 | 46.69 |
| 2026-07-08 | 47.17 |
| 2026-07-07 | 46.77 |
| 2026-07-06 | 48.25 |
| 2026-07-02 | 47.94 |
| 2026-07-01 | 49.32 |
| 2026-06-30 | 52.98 |
| 2026-06-29 | 51.40 |
| 2026-06-26 | 49.63 |
| 2026-06-25 | 52.59 |
| 2026-06-24 | 49.48 |
| 2026-06-23 | 48.97 |
| 2026-06-22 | 50.86 |
| 2026-06-18 | 49.05 |
| 2026-06-17 | 47.56 |
| 2026-06-16 | 47.04 |
| 2026-06-15 | 46.46 |
| 2026-06-12 | 45.30 |
| 2026-06-11 | 44.66 |
| 2026-06-10 | 42.60 |
| 2026-06-09 | 45.51 |
| 2026-06-08 | 45.55 |
| 2026-06-05 | 44.99 |
| 2026-06-04 | 46.79 |
| 2026-06-03 | 46.08 |
| 2026-06-02 | 45.26 |
| 2026-06-01 | 43.05 |
| 2026-05-29 | 43.58 |
| 2026-05-28 | 44.16 |
| 2026-05-27 | 45.27 |
| 2026-05-26 | 45.20 |
| 2026-05-22 | 43.78 |
| 2026-05-21 | 43.08 |
| 2026-05-20 | 43.41 |
| 2026-05-19 | 42.79 |
| 2026-05-18 | 42.98 |
| 2026-05-15 | 44.19 |
| 2026-05-14 | 45.78 |
| 2026-05-13 | 44.89 |
| 2026-05-12 | 45.38 |
| 2026-05-11 | 46.11 |
| 2026-05-08 | 44.65 |
| 2026-05-07 | 44.56 |
| 2026-05-06 | 46.10 |
| 2026-05-05 | 48.04 |
| 2026-05-04 | 46.46 |
| 2026-05-01 | 47.25 |
| 2026-04-30 | 47.27 |
| 2026-04-29 | 43.02 |
| 2026-04-28 | 43.43 |
| 2026-04-27 | 44.01 |
| 2026-04-24 | 44.12 |
| 2026-04-23 | 44.36 |
| 2026-04-22 | 42.96 |
| 2026-04-21 | 42.51 |
| 2026-04-20 | 42.40 |
| 2026-04-17 | 42.20 |
| 2026-04-16 | 41.03 |
| 2026-04-15 | 40.90 |
| 2026-04-14 | 42.18 |
| 2026-04-13 | 42.05 |
| 2026-04-10 | 41.99 |
| 2026-04-09 | 41.80 |
| 2026-04-08 | 40.98 |
| 2026-04-07 | 38.47 |
| 2026-04-06 | 38.30 |
| 2026-04-02 | 38.09 |
| 2026-04-01 | 38.78 |
| 2026-03-31 | 37.62 |
| 2026-03-30 | 35.45 |
| 2026-03-27 | 36.93 |
| 2026-03-26 | 37.34 |
| 2026-03-25 | 38.19 |
| 2026-03-24 | 38.06 |
| 2026-03-23 | 37.27 |
| 2026-03-20 | 36.16 |
| 2026-03-19 | 36.57 |
| 2026-03-18 | 36.84 |
| 2026-03-17 | 37.28 |
| 2026-03-16 | 37.16 |
| 2026-03-13 | 36.86 |
| 2026-03-12 | 37.21 |
| 2026-03-11 | 37.58 |
| 2026-03-10 | 38.06 |
| 2026-03-09 | 37.43 |
| 2026-03-06 | 36.16 |
| 2026-03-05 | 37.50 |
| 2026-03-04 | 38.87 |
| 2026-03-03 | 38.35 |
| 2026-03-02 | 39.95 |
| 2026-02-27 | 39.45 |
| 2026-02-26 | 39.99 |
| 2026-02-25 | 40.71 |
| 2026-02-24 | 40.80 |
| 2026-02-23 | 40.17 |
| 2026-02-20 | 40.35 |
| 2026-02-19 | 40.39 |
| 2026-02-18 | 39.93 |
| 2026-02-17 | 40.61 |
| 2026-02-13 | 41.12 |
| 2026-02-12 | 38.91 |
| 2026-02-11 | 39.76 |
| 2026-02-10 | 38.09 |
| 2026-02-09 | 38.08 |
| 2026-02-06 | 37.26 |
| 2026-02-05 | 34.80 |
| 2026-02-04 | 35.50 |
| 2026-02-03 | 36.06 |
| 2026-02-02 | 35.45 |
| 2026-01-30 | 33.73 |
| 2026-01-29 | 34.13 |
| 2026-01-28 | 33.01 |
| 2026-01-27 | 32.78 |
| 2026-01-26 | 32.63 |
| 2026-01-23 | 32.15 |
| 2026-01-22 | 33.27 |
| 2026-01-21 | 33.11 |
| 2026-01-20 | 32.27 |
| 2026-01-16 | 33.19 |
| 2026-01-15 | 33.21 |
| 2026-01-14 | 32.77 |
| 2026-01-13 | 32.66 |
| 2026-01-12 | 32.31 |
| 2026-01-09 | 31.69 |
| 2026-01-08 | 31.20 |
| 2026-01-07 | 30.61 |
| 2026-01-06 | 31.97 |
| 2026-01-05 | 31.61 |
| 2026-01-02 | 30.70 |
| 2025-12-31 | 29.39 |
| 2025-12-30 | 29.62 |
| 2025-12-29 | 29.69 |
| 2025-12-26 | 29.91 |
| 2025-12-24 | 29.95 |
| 2025-12-23 | 29.88 |
| 2025-12-22 | 29.88 |
| 2025-12-19 | 29.56 |
| 2025-12-18 | 29.03 |
| 2025-12-17 | 28.83 |
| 2025-12-16 | 30.22 |
| 2025-12-15 | 30.26 |
| 2025-12-12 | 30.68 |
| 2025-12-11 | 32.10 |
| 2025-12-10 | 31.57 |
| 2025-12-09 | 30.50 |
| 2025-12-08 | 30.61 |
| 2025-12-05 | 30.95 |
| 2025-12-04 | 30.74 |
| 2025-12-03 | 30.35 |
| 2025-12-02 | 29.89 |
| 2025-12-01 | 29.15 |
| 2025-11-28 | 29.54 |
| 2025-11-26 | 29.44 |
| 2025-11-25 | 29.07 |
| 2025-11-24 | 28.71 |
| 2025-11-21 | 28.24 |
| 2025-11-20 | 28.02 |
| 2025-11-19 | 28.38 |
| 2025-11-18 | 28.06 |
| 2025-11-17 | 28.32 |
| 2025-11-14 | 28.43 |
| 2025-11-13 | 28.40 |
| 2025-11-12 | 29.40 |
| 2025-11-11 | 29.14 |
| 2025-11-10 | 29.29 |
| 2025-11-07 | 28.89 |
| 2025-11-06 | 29.23 |
| 2025-11-05 | 29.20 |
| 2025-11-04 | 28.10 |
| 2025-11-03 | 29.28 |
| 2025-10-31 | 29.36 |
| 2025-10-30 | 29.66 |
| 2025-10-29 | 29.78 |
| 2025-10-28 | 26.68 |
| 2025-10-27 | 26.81 |
| 2025-10-24 | 26.59 |
| 2025-10-23 | 26.48 |
| 2025-10-22 | 26.14 |
| 2025-10-21 | 26.69 |
| 2025-10-20 | 27.02 |
| 2025-10-17 | 26.81 |
| 2025-10-16 | 27.52 |
| 2025-10-15 | 27.16 |
| 2025-10-14 | 26.83 |
| 2025-10-13 | 25.67 |
| 2025-10-10 | 24.99 |
| 2025-10-09 | 25.45 |
| 2025-10-08 | 25.54 |
| 2025-10-07 | 24.76 |
| 2025-10-06 | 25.20 |
| 2025-10-03 | 25.32 |
| 2025-10-02 | 24.95 |
| 2025-10-01 | 24.46 |
| 2025-09-30 | 24.27 |
| 2025-09-29 | 23.99 |
| 2025-09-26 | 23.69 |
| 2025-09-25 | 23.59 |
| 2025-09-24 | 23.90 |
| 2025-09-23 | 23.97 |
| 2025-09-22 | 24.01 |
| 2025-09-19 | 23.73 |
| 2025-09-18 | 23.75 |
| 2025-09-17 | 22.92 |
| 2025-09-16 | 22.41 |
| 2025-09-15 | 22.17 |
| 2025-09-12 | 21.95 |
| 2025-09-11 | 21.94 |
| 2025-09-10 | 21.51 |
| 2025-09-09 | 21.27 |
| 2025-09-08 | 21.50 |
| 2025-09-05 | 21.52 |
| 2025-09-04 | 21.37 |
| 2025-09-03 | 21.11 |
| 2025-09-02 | 21.16 |
| 2025-08-29 | 21.31 |
| 2025-08-28 | 22.12 |
| 2025-08-27 | 22.01 |
| 2025-08-26 | 21.94 |
| 2025-08-25 | 21.99 |
Showing the most recent 260 of 4,916 data points. The chart above shows the full history.