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 23.29 is 25% above its 5-year average of 18.58, near the high end of its 5-year range (7.77–29.46).
As of Friday, September 4, 2026. 16.90% above its 12-month average of 19.92.
PE Ratio (23.29) = Close Price ($192.88) / Diluted TTM EPS ($8.28)
PE RATIO
23.29
PE RATIO AVG TTM
19.92
PE RATIO AVG 3Y
17.65
PE RATIO AVG 5Y
18.58
PE RATIO AVG 10Y
19.98
PE RATIO AVG 15Y
16.85
PE RATIO AVG 20Y
15.38
CURRENT VS TTM AVG
+16.90%
CURRENT VS 3Y AVG
+31.92%
CURRENT VS 5Y AVG
+25.32%
CURRENT VS 10Y AVG
+16.56%
CURRENT VS 15Y AVG
+38.23%
CURRENT VS 20Y AVG
+51.48%
SECTOR MEDIAN · INDUSTRIALS
29.31
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
-20.55%
vs the sector median at left
Market Cap
$25.71B
PE Ratio
38.78
TTM Avg
35.51
3Y Avg
30.07
5Y Avg
27.39
Market Cap
$27.11B
PE Ratio
18.31
TTM Avg
22.77
3Y Avg
24.86
5Y Avg
25.90
Market Cap
$24.69B
PE Ratio
27.48
TTM Avg
24.51
3Y Avg
23.05
5Y Avg
19.55
Market Cap
$28.12B
PE Ratio
21.98
TTM Avg
23.08
3Y Avg
23.08
5Y Avg
23.08
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | $25.98B | 23.29 | 19.92 | 17.65 | 18.58 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.71B | 38.78 | 35.51 | 30.07 | 27.39 |
| nVent Electric plc (NVT)vs › | $25.23B | 42.75 | 36.69 | 26.72 | 27.78 |
| Otis Worldwide Corporation (OTIS)vs › | $27.11B | 18.31 | 22.77 | 24.86 | 25.90 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.69B | 27.48 | 24.51 | 23.05 | 19.55 |
| Xylem Inc. (XYL)vs › | $24.68B | 25.16 | 32.64 | 38.48 | 42.41 |
| Symbotic Inc. (SYM)vs › | $27.55B | 463.71 | 444.30 | 444.30 | 46.09 |
| Hubbell Incorporated (HUBB)vs › | $24.34B | 27.29 | 28.93 | 27.99 | 27.78 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $28.12B | 21.98 | 23.08 | 23.08 | 23.08 |
| Veralto Corporation (VLTO)vs › | $23.48B | 24.32 | 25.56 | 27.60 | 27.60 |
At 23.3, P/E is above its 20-year median — higher than 85% of readings in its 20-year history.
20-year low
4.7
median
13.9
20-year high
30.5
Trailing P/E
23.3
Forward P/E
18.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$192.88
Forward EPS (Est.)
$10.69
Forward P/E
18.04
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 | 23.29 |
| 2026-09-03 | 23.08 |
| 2026-09-02 | 22.81 |
| 2026-09-01 | 22.94 |
| 2026-08-31 | 23.46 |
| 2026-08-28 | 24.00 |
| 2026-08-27 | 24.37 |
| 2026-08-26 | 24.72 |
| 2026-08-25 | 24.40 |
| 2026-08-24 | 24.59 |
| 2026-08-21 | 24.39 |
| 2026-08-20 | 24.14 |
| 2026-08-19 | 24.44 |
| 2026-08-18 | 24.52 |
| 2026-08-17 | 24.94 |
| 2026-08-14 | 25.01 |
| 2026-08-13 | 24.96 |
| 2026-08-12 | 25.13 |
| 2026-08-11 | 25.18 |
| 2026-08-10 | 25.37 |
| 2026-08-07 | 25.50 |
| 2026-08-06 | 25.46 |
| 2026-08-05 | 25.41 |
| 2026-08-04 | 25.35 |
| 2026-08-03 | 24.85 |
| 2026-07-31 | 24.71 |
| 2026-07-30 | 24.64 |
| 2026-07-29 | 23.91 |
| 2026-07-28 | 24.53 |
| 2026-07-27 | 24.86 |
| 2026-07-24 | 24.42 |
| 2026-07-23 | 23.89 |
| 2026-07-22 | 26.82 |
| 2026-07-21 | 26.43 |
| 2026-07-20 | 26.20 |
| 2026-07-17 | 26.77 |
| 2026-07-16 | 27.19 |
| 2026-07-15 | 26.53 |
| 2026-07-14 | 26.77 |
| 2026-07-13 | 26.78 |
| 2026-07-10 | 26.92 |
| 2026-07-09 | 26.45 |
| 2026-07-08 | 26.43 |
| 2026-07-07 | 26.76 |
| 2026-07-06 | 26.84 |
| 2026-07-02 | 26.71 |
| 2026-07-01 | 27.15 |
| 2026-06-30 | 28.04 |
| 2026-06-29 | 28.00 |
| 2026-06-26 | 28.25 |
| 2026-06-25 | 28.84 |
| 2026-06-24 | 28.04 |
| 2026-06-23 | 27.94 |
| 2026-06-22 | 28.68 |
| 2026-06-18 | 27.95 |
| 2026-06-17 | 27.60 |
| 2026-06-16 | 27.83 |
| 2026-06-15 | 27.58 |
| 2026-06-12 | 27.18 |
| 2026-06-11 | 27.32 |
| 2026-06-10 | 26.72 |
| 2026-06-09 | 27.62 |
| 2026-06-08 | 27.02 |
| 2026-06-05 | 26.85 |
| 2026-06-04 | 26.68 |
| 2026-06-03 | 26.69 |
| 2026-06-02 | 26.48 |
| 2026-06-01 | 25.94 |
| 2026-05-29 | 26.42 |
| 2026-05-28 | 26.56 |
| 2026-05-27 | 26.67 |
| 2026-05-26 | 26.93 |
| 2026-05-22 | 26.24 |
| 2026-05-21 | 25.97 |
| 2026-05-20 | 26.37 |
| 2026-05-19 | 25.94 |
| 2026-05-18 | 26.35 |
| 2026-05-15 | 26.35 |
| 2026-05-14 | 26.80 |
| 2026-05-13 | 26.83 |
| 2026-05-12 | 27.09 |
| 2026-05-11 | 27.50 |
| 2026-05-08 | 27.48 |
| 2026-05-07 | 27.61 |
| 2026-05-06 | 28.40 |
| 2026-05-05 | 27.93 |
| 2026-05-04 | 27.61 |
| 2026-05-01 | 28.22 |
| 2026-04-30 | 28.30 |
| 2026-04-29 | 27.78 |
| 2026-04-28 | 28.02 |
| 2026-04-27 | 28.28 |
| 2026-04-24 | 28.10 |
| 2026-04-23 | 28.52 |
| 2026-04-22 | 27.29 |
| 2026-04-21 | 27.81 |
| 2026-04-20 | 28.02 |
| 2026-04-17 | 27.66 |
| 2026-04-16 | 27.04 |
| 2026-04-15 | 27.20 |
| 2026-04-14 | 27.59 |
| 2026-04-13 | 27.68 |
| 2026-04-10 | 27.41 |
| 2026-04-09 | 27.57 |
| 2026-04-08 | 27.36 |
| 2026-04-07 | 26.20 |
| 2026-04-06 | 26.20 |
| 2026-04-02 | 25.93 |
| 2026-04-01 | 26.17 |
| 2026-03-31 | 26.32 |
| 2026-03-30 | 25.61 |
| 2026-03-27 | 26.09 |
| 2026-03-26 | 26.42 |
| 2026-03-25 | 27.17 |
| 2026-03-24 | 27.22 |
| 2026-03-23 | 26.80 |
| 2026-03-20 | 26.44 |
| 2026-03-19 | 26.70 |
| 2026-03-18 | 26.80 |
| 2026-03-17 | 27.00 |
| 2026-03-16 | 26.19 |
| 2026-03-13 | 25.75 |
| 2026-03-12 | 25.73 |
| 2026-03-11 | 26.56 |
| 2026-03-10 | 26.55 |
| 2026-03-09 | 26.64 |
| 2026-03-06 | 26.32 |
| 2026-03-05 | 27.22 |
| 2026-03-04 | 28.01 |
| 2026-03-03 | 27.87 |
| 2026-03-02 | 28.59 |
| 2026-02-27 | 28.47 |
| 2026-02-26 | 28.68 |
| 2026-02-25 | 28.63 |
| 2026-02-24 | 29.21 |
| 2026-02-23 | 29.13 |
| 2026-02-20 | 29.46 |
| 2026-02-19 | 29.36 |
| 2026-02-18 | 29.30 |
| 2026-02-17 | 29.45 |
| 2026-02-13 | 29.25 |
| 2026-02-12 | 14.18 |
| 2026-02-11 | 14.33 |
| 2026-02-10 | 14.11 |
| 2026-02-09 | 13.84 |
| 2026-02-06 | 13.76 |
| 2026-02-05 | 13.38 |
| 2026-02-04 | 13.53 |
| 2026-02-03 | 13.02 |
| 2026-02-02 | 12.75 |
| 2026-01-30 | 12.39 |
| 2026-01-29 | 12.46 |
| 2026-01-28 | 12.67 |
| 2026-01-27 | 12.75 |
| 2026-01-26 | 12.77 |
| 2026-01-23 | 12.71 |
| 2026-01-22 | 12.88 |
| 2026-01-21 | 12.83 |
| 2026-01-20 | 12.38 |
| 2026-01-16 | 12.71 |
| 2026-01-15 | 12.66 |
| 2026-01-14 | 12.57 |
| 2026-01-13 | 12.57 |
| 2026-01-12 | 12.51 |
| 2026-01-09 | 12.42 |
| 2026-01-08 | 12.42 |
| 2026-01-07 | 12.26 |
| 2026-01-06 | 12.52 |
| 2026-01-05 | 12.44 |
| 2026-01-02 | 12.04 |
| 2025-12-31 | 12.01 |
| 2025-12-30 | 12.16 |
| 2025-12-29 | 12.24 |
| 2025-12-26 | 12.31 |
| 2025-12-24 | 12.27 |
| 2025-12-23 | 12.30 |
| 2025-12-22 | 12.27 |
| 2025-12-19 | 12.07 |
| 2025-12-18 | 12.06 |
| 2025-12-17 | 12.06 |
| 2025-12-16 | 12.09 |
| 2025-12-15 | 12.38 |
| 2025-12-12 | 12.25 |
| 2025-12-11 | 12.38 |
| 2025-12-10 | 12.04 |
| 2025-12-09 | 11.69 |
| 2025-12-08 | 11.76 |
| 2025-12-05 | 11.75 |
| 2025-12-04 | 11.72 |
| 2025-12-03 | 11.70 |
| 2025-12-02 | 11.53 |
| 2025-12-01 | 11.37 |
| 2025-11-28 | 11.39 |
| 2025-11-26 | 11.45 |
| 2025-11-25 | 11.44 |
| 2025-11-24 | 11.26 |
| 2025-11-21 | 11.29 |
| 2025-11-20 | 10.95 |
| 2025-11-19 | 11.05 |
| 2025-11-18 | 11.06 |
| 2025-11-17 | 11.07 |
| 2025-11-14 | 11.26 |
| 2025-11-13 | 11.19 |
| 2025-11-12 | 11.29 |
| 2025-11-11 | 11.31 |
| 2025-11-10 | 11.20 |
| 2025-11-07 | 11.09 |
| 2025-11-06 | 10.98 |
| 2025-11-05 | 11.05 |
| 2025-11-04 | 10.96 |
| 2025-11-03 | 10.96 |
| 2025-10-31 | 11.16 |
| 2025-10-30 | 11.08 |
| 2025-10-29 | 11.12 |
| 2025-10-28 | 11.05 |
| 2025-10-27 | 10.94 |
| 2025-10-24 | 10.91 |
| 2025-10-23 | 11.15 |
| 2025-10-22 | 10.11 |
| 2025-10-21 | 10.44 |
| 2025-10-20 | 10.19 |
| 2025-10-17 | 10.04 |
| 2025-10-16 | 10.02 |
| 2025-10-15 | 9.81 |
| 2025-10-14 | 9.80 |
| 2025-10-13 | 9.72 |
| 2025-10-10 | 9.74 |
| 2025-10-09 | 9.79 |
| 2025-10-08 | 9.94 |
| 2025-10-07 | 9.93 |
| 2025-10-06 | 10.04 |
| 2025-10-03 | 10.05 |
| 2025-10-02 | 10.06 |
| 2025-10-01 | 10.04 |
| 2025-09-30 | 10.06 |
| 2025-09-29 | 10.05 |
| 2025-09-26 | 10.13 |
| 2025-09-25 | 9.99 |
| 2025-09-24 | 10.09 |
| 2025-09-23 | 10.20 |
| 2025-09-22 | 10.27 |
| 2025-09-19 | 10.33 |
| 2025-09-18 | 10.42 |
| 2025-09-17 | 10.34 |
| 2025-09-16 | 10.41 |
| 2025-09-15 | 10.37 |
| 2025-09-12 | 10.43 |
| 2025-09-11 | 10.74 |
| 2025-09-10 | 10.59 |
| 2025-09-09 | 10.54 |
| 2025-09-08 | 10.74 |
| 2025-09-05 | 10.72 |
| 2025-09-04 | 10.76 |
| 2025-09-03 | 10.54 |
| 2025-09-02 | 10.60 |
| 2025-08-29 | 10.79 |
| 2025-08-28 | 10.95 |
| 2025-08-27 | 11.02 |
| 2025-08-26 | 10.99 |
| 2025-08-25 | 10.89 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.