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Dover Corporation (DOV)
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Dover Corporation (DOV) PE Ratio: 27.62

Is Dover Corporation’s P/E ratio high or low?

Dover Corporation's P/E ratio of 27.62 is 47% above its 5-year average of 18.76, near the high end of its 5-year range (7.77–30.52).

The P/E ratio for Dover Corporation (DOV) is 27.62 as of Tuesday, June 9, 2026. It is above its 12-month average by 68.78% (16.36).

PE Ratio (27.62) = Close Price ($220.97) / Diluted TTM EPS ($8.00)

DOV PE Ratio Chart

DOV PE Ratio
27.62+153.63% 1Y
Zoom

DOV Average PE Ratio Chart

DOV Current vs Average PE Ratio Chart

DOV PE Ratio Metrics

PE RATIO

27.62

PE RATIO AVG TTM

16.36

PE RATIO AVG 3Y

17.15

PE RATIO AVG 5Y

18.76

PE RATIO AVG 10Y

19.70

PE RATIO AVG 15Y

16.58

PE RATIO AVG 20Y

15.20

CURRENT VS TTM AVG

+68.78%

CURRENT VS 3Y AVG

+61.01%

CURRENT VS 5Y AVG

+47.23%

CURRENT VS 10Y AVG

+40.17%

CURRENT VS 15Y AVG

+66.56%

CURRENT VS 20Y AVG

+81.68%

DOV Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Dover Corporation (DOV)27.6216.3617.1518.76
Xylem Inc. (XYL)$26.35B27.5834.4140.5344.36
Paychex, Inc. (PAYX)$35.93B22.1425.5727.4529.50
Axon Enterprise, Inc. (AXON)$36.47B181.58202.03152.173029.92
Fortive Corporation (FTV)$19.14B37.3728.4425.2823.38
Generac Holdings Inc. (GNRC)$15.36B81.8245.4638.5336.54
Pentair plc (PNR)$12.05B18.2825.6223.7721.88
Gartner, Inc. (IT)$10.54B15.5518.0530.8233.35
Rockwell Automation, Inc. (ROK)$51.24B47.8745.2734.2633.09
Old Dominion Freight Line, Inc. (ODFL)$51.73B52.0434.1533.8833.21

P/E vs. its own history

At 27.6, P/E is richer than usual — richer than 97% of its 20-year range.

20-year low

4.7

median

13.6

20-year high

30.5

cheaperricher

P/E Comparison

Trailing P/E

27.6

Forward P/E

20.7

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$220.97

÷

Forward EPS (Est.)

$10.66

=

Forward P/E

20.72

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Dover Corporation PE Ratio Formula & Definition

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

Dover Corporation PE Ratio FAQ

What is the P/E ratio for Dover Corporation (DOV)?
The P/E ratio for DOV stock is 27.62.
Is Dover Corporation's P/E ratio high or low?
Dover Corporation's P/E ratio of 27.62 is 47% above its 5-year average of 18.76, near the high end of its 5-year range (7.77–30.52).
What is the TTM average P/E ratio for Dover Corporation (DOV)?
The TTM average P/E ratio for DOV stock is 16.36.
What is the 3Y average P/E ratio for Dover Corporation (DOV)?
The 3Y average P/E ratio for DOV stock is 17.15.
What is the 5Y average P/E ratio for Dover Corporation (DOV)?
The 5Y average P/E ratio for DOV stock is 18.76.
What is the 10Y average P/E ratio for Dover Corporation (DOV)?
The 10Y average P/E ratio for DOV stock is 19.70.
What is the 15Y average P/E ratio for Dover Corporation (DOV)?
The 15Y average P/E ratio for DOV stock is 16.58.
What is the 20Y average P/E ratio for Dover Corporation (DOV)?
The 20Y average P/E ratio for DOV stock is 15.20.

Dover Corporation PE Ratio History

DATEPE RATIO
2026-06-0927.62
2026-06-0827.02
2026-06-0526.85
2026-06-0426.68
2026-06-0326.69
2026-06-0226.48
2026-06-0125.94
2026-05-2926.42
2026-05-2826.56
2026-05-2726.67
2026-05-2626.93
2026-05-2226.24
2026-05-2125.97
2026-05-2026.37
2026-05-1925.94
2026-05-1826.35
2026-05-1526.35
2026-05-1426.80
2026-05-1326.83
2026-05-1227.09
2026-05-1127.50
2026-05-0827.48
2026-05-0727.61
2026-05-0628.40
2026-05-0527.93
2026-05-0427.61
2026-05-0128.22
2026-04-3028.30
2026-04-2927.78
2026-04-2828.02
2026-04-2728.28
2026-04-2428.10
2026-04-2328.52
2026-04-2227.29
2026-04-2127.81
2026-04-2028.02
2026-04-1727.66
2026-04-1627.04
2026-04-1527.20
2026-04-1427.59
2026-04-1327.68
2026-04-1027.41
2026-04-0927.57
2026-04-0827.36
2026-04-0726.20
2026-04-0626.20
2026-04-0225.93
2026-04-0126.17
2026-03-3126.32
2026-03-3025.61
2026-03-2726.09
2026-03-2626.42
2026-03-2527.17
2026-03-2427.22
2026-03-2326.80
2026-03-2026.44
2026-03-1926.70
2026-03-1826.80
2026-03-1727.00
2026-03-1626.19
2026-03-1325.75
2026-03-1225.73
2026-03-1126.56
2026-03-1026.55
2026-03-0926.64
2026-03-0626.32
2026-03-0527.22
2026-03-0428.01
2026-03-0327.87
2026-03-0228.59
2026-02-2728.47
2026-02-2628.68
2026-02-2528.63
2026-02-2429.21
2026-02-2329.13
2026-02-2029.46
2026-02-1929.36
2026-02-1829.30
2026-02-1729.45
2026-02-1329.25
2026-02-1214.18
2026-02-1114.33
2026-02-1014.11
2026-02-0913.84
2026-02-0613.76
2026-02-0513.38
2026-02-0413.53
2026-02-0313.02
2026-02-0212.75
2026-01-3012.39
2026-01-2912.46
2026-01-2812.67
2026-01-2712.75
2026-01-2612.77
2026-01-2312.71
2026-01-2212.88
2026-01-2112.83
2026-01-2012.38
2026-01-1612.71
2026-01-1512.66
2026-01-1412.57
2026-01-1312.57
2026-01-1212.51
2026-01-0912.42
2026-01-0812.42
2026-01-0712.26
2026-01-0612.52
2026-01-0512.44
2026-01-0212.04
2025-12-3112.01
2025-12-3012.16
2025-12-2912.24
2025-12-2612.31
2025-12-2412.27
2025-12-2312.30
2025-12-2212.27
2025-12-1912.07
2025-12-1812.06
2025-12-1712.06
2025-12-1612.09
2025-12-1512.38
2025-12-1212.25
2025-12-1112.38
2025-12-1012.04
2025-12-0911.69
2025-12-0811.76
2025-12-0511.75
2025-12-0411.72
2025-12-0311.70
2025-12-0211.53
2025-12-0111.37
2025-11-2811.39
2025-11-2611.45
2025-11-2511.44
2025-11-2411.26
2025-11-2111.29
2025-11-2010.95
2025-11-1911.05
2025-11-1811.06
2025-11-1711.07
2025-11-1411.26
2025-11-1311.19
2025-11-1211.29
2025-11-1111.31
2025-11-1011.20
2025-11-0711.09
2025-11-0610.98
2025-11-0511.05
2025-11-0410.96
2025-11-0310.96
2025-10-3111.16
2025-10-3011.08
2025-10-2911.12
2025-10-2811.05
2025-10-2710.94
2025-10-2410.91
2025-10-2311.15
2025-10-2210.11
2025-10-2110.44
2025-10-2010.19
2025-10-1710.04
2025-10-1610.02
2025-10-159.81
2025-10-149.80
2025-10-139.72
2025-10-109.74
2025-10-099.79
2025-10-089.94
2025-10-079.93
2025-10-0610.04
2025-10-0310.05
2025-10-0210.06
2025-10-0110.04
2025-09-3010.06
2025-09-2910.05
2025-09-2610.13
2025-09-259.99
2025-09-2410.09
2025-09-2310.20
2025-09-2210.27
2025-09-1910.33
2025-09-1810.42
2025-09-1710.34
2025-09-1610.41
2025-09-1510.37
2025-09-1210.43
2025-09-1110.74
2025-09-1010.59
2025-09-0910.54
2025-09-0810.74
2025-09-0510.72
2025-09-0410.76
2025-09-0310.54
2025-09-0210.60
2025-08-2910.79
2025-08-2810.95
2025-08-2711.02
2025-08-2610.99
2025-08-2510.89
2025-08-2211.04
2025-08-2110.70
2025-08-2010.78
2025-08-1910.84
2025-08-1810.68
2025-08-1510.65
2025-08-1410.82
2025-08-1311.03
2025-08-1210.74
2025-08-1110.57
2025-08-0810.47
2025-08-0710.49
2025-08-0610.51
2025-08-0510.69
2025-08-0410.62
2025-08-0110.55
2025-07-3110.93
2025-07-3010.99
2025-07-2911.10
2025-07-2811.15
2025-07-2511.25
2025-07-2411.26
2025-07-2311.50
2025-07-2211.42
2025-07-2111.26
2025-07-1811.34
2025-07-1711.48
2025-07-1611.32
2025-07-1511.27
2025-07-1411.38
2025-07-1111.38
2025-07-1011.48
2025-07-0911.34
2025-07-0811.35
2025-07-0711.29
2025-07-0311.36
2025-07-0211.33
2025-07-0111.21
2025-06-3011.04
2025-06-2711.04
2025-06-2611.03
2025-06-2510.85
2025-06-2410.84
2025-06-2310.69
2025-06-2010.53
2025-06-1810.58
2025-06-1710.61
2025-06-1610.83
2025-06-1310.63
2025-06-1210.77
2025-06-1110.79
2025-06-1010.92
2025-06-0910.89
2025-06-0610.81
2025-06-0510.68
2025-06-0410.70
2025-06-0310.72
2025-06-0210.61
2025-05-3010.71
2025-05-2910.82
2025-05-2810.82

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Dover Corporation

Dover Corporation operates as a global enterprise, supplying a wide array of industrial equipment, essential components, consumable products, replacement parts, software and digital platforms, and comprehensive support services. Its Engineered Products division delivers diverse machinery, parts, software, and solutions tailored for various industries, including automotive aftermarket service, waste management, industrial automation, aerospace and defense, heavy-duty winching and hoisting, and fluid dispensing. This segment also manufactures specific items such as manual and power clamps, rotary and linear mechanical indexers, conveyors, robotic pick-and-place units, glove ports, manipulators, and end-of-arm tooling like grippers, slides, and end effectors. The Clean Energy & Fueling segment focuses on providing components, equipment, software, and services crucial for the secure transportation of both traditional and sustainable fuels, along with other hazardous materials, throughout the supply chain. It further supports the operations of convenience retail outlets, fuel stations, and vehicle wash establishments. Through its Imaging and Identification segment, Dover offers solutions for precision marking and coding, intelligent packaging, product traceability, brand protection, and digital textile printing equipment. These offerings, along with associated consumables, software, and services, cater to markets like packaged and consumer goods, pharmaceuticals, industrial manufacturing, and fashion and apparel. The Pumps and Process Solutions segment is responsible for producing specialized pumps, connectors, flow meters, fluid connection systems, plastics and polymer processing machinery, and custom-engineered components for rotating and reciprocating equipment. Finally, the Climate & Sustainability Technologies segment manufactures advanced refrigeration systems, commercial refrigeration display cases, glass doors for refrigerators and freezers, and brazed plate heat exchangers, serving applications in industrial heating and cooling as well as residential climate control. Dover distributes its extensive product portfolio through both direct sales channels and a broad network of distributors. The company was founded in 1947 and maintains its headquarters in Downers Grove, Illinois.

Downers Grove, IL
24,000 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
Richard Joseph Tobin