Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 38.47 is 26% below its 5-year average of 51.66, near the low end of its 5-year range (36.81–68.48).
As of 2026-10-02T00:53:23.136Z. 19.15% below its 12-month average of 47.58.
Calculation as of: 2026-10-02T00:53:23.136Z.
Quote observation: 2026-10-01T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a013609f9e90ef5507581a1bdcf41e699af0f21be05d4b9b00ac0553d23d3f77
PE Ratio (38.47) = Close Price ($230.82) / Diluted TTM EPS ($6.00)
PE RATIO
38.47
PE RATIO AVG TTM
47.58
PE RATIO AVG 3Y
51.69
PE RATIO AVG 5Y
51.66
PE RATIO AVG 10Y
46.15
PE RATIO AVG 15Y
38.77
PE RATIO AVG 20Y
33.46
CURRENT VS TTM AVG
-19.15%
CURRENT VS 3Y AVG
-25.58%
CURRENT VS 5Y AVG
-25.53%
CURRENT VS 10Y AVG
-16.65%
CURRENT VS 15Y AVG
-0.76%
CURRENT VS 20Y AVG
+14.99%
SECTOR MEDIAN · INDUSTRIALS
28.48
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+35.10%
vs the sector median at left
Market Cap
$44.39B
PE Ratio
24.08
TTM Avg
33.53
3Y Avg
32.73
5Y Avg
32.59
Market Cap
$45.52B
PE Ratio
38.35
TTM Avg
30.43
3Y Avg
26.96
5Y Avg
22.56
Market Cap
$43.37B
PE Ratio
26.57
TTM Avg
26.37
3Y Avg
31.88
5Y Avg
38.55
Market Cap
$48.62B
PE Ratio
38.69
TTM Avg
35.39
3Y Avg
32.25
5Y Avg
31.47
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $44.45B | 38.47 | 47.58 | 51.69 | 51.66 |
| L3Harris Technologies, Inc. (LHX)vs › | $44.39B | 24.08 | 33.53 | 32.73 | 32.59 |
| Carrier Global Corporation (CARR)vs › | $45.52B | 38.35 | 30.43 | 26.96 | 22.56 |
| Thomson Reuters Corporation (TRI)vs › | $43.37B | 26.57 | 26.37 | 31.88 | 38.55 |
| Ferguson plc (FERG)vs › | $42.96B | N/A | 24.88 | 21.78 | 19.66 |
| HEICO Corporation (HEI)vs › | $42.69B | 51.07 | 62.70 | 66.21 | 65.13 |
| Rocket Lab USA, Inc. (RKLB)vs › | $40.79B | N/A | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.62B | 38.69 | 35.39 | 32.25 | 31.47 |
| Honeywell Aerospace Inc (HONA)vs › | $48.83B | N/A | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $49.23B | 41.58 | 46.20 | 37.03 | 35.00 |
At 38.5, P/E is near its 20-year median — higher than 63% of readings in its 20-year history.
20-year low
7.4
median
28.0
20-year high
73.2
Trailing P/E
38.5
Forward P/E
36.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$230.82
Forward EPS (Est.)
$6.31
Forward P/E
36.58
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 |
|---|---|
| 2026-10-01 | 38.47 |
| 2026-09-30 | 38.06 |
| 2026-09-29 | 38.47 |
| 2026-09-28 | 38.44 |
| 2026-09-25 | 38.67 |
| 2026-09-24 | 38.24 |
| 2026-09-23 | 38.52 |
| 2026-09-22 | 38.20 |
| 2026-09-21 | 37.78 |
| 2026-09-18 | 36.98 |
| 2026-09-17 | 36.81 |
| 2026-09-16 | 37.06 |
| 2026-09-15 | 37.07 |
| 2026-09-14 | 37.96 |
| 2026-09-11 | 39.21 |
| 2026-09-10 | 38.72 |
| 2026-09-09 | 38.75 |
| 2026-09-08 | 39.17 |
| 2026-09-04 | 40.03 |
| 2026-09-03 | 39.88 |
| 2026-09-02 | 39.97 |
| 2026-09-01 | 40.33 |
| 2026-08-31 | 40.70 |
| 2026-08-28 | 41.68 |
| 2026-08-27 | 44.82 |
| 2026-08-26 | 45.69 |
| 2026-08-25 | 45.91 |
| 2026-08-24 | 46.29 |
| 2026-08-21 | 46.61 |
| 2026-08-20 | 46.06 |
| 2026-08-19 | 47.21 |
| 2026-08-18 | 48.00 |
| 2026-08-17 | 48.32 |
| 2026-08-14 | 49.11 |
| 2026-08-13 | 48.66 |
| 2026-08-12 | 48.61 |
| 2026-08-11 | 47.27 |
| 2026-08-10 | 47.34 |
| 2026-08-07 | 47.56 |
| 2026-08-06 | 47.13 |
| 2026-08-05 | 47.58 |
| 2026-08-04 | 47.49 |
| 2026-08-03 | 46.75 |
| 2026-07-31 | 45.94 |
| 2026-07-30 | 45.74 |
| 2026-07-29 | 45.96 |
| 2026-07-28 | 47.01 |
| 2026-07-27 | 46.33 |
| 2026-07-24 | 45.25 |
| 2026-07-23 | 44.44 |
| 2026-07-22 | 43.62 |
| 2026-07-21 | 44.22 |
| 2026-07-20 | 44.32 |
| 2026-07-17 | 44.66 |
| 2026-07-16 | 44.69 |
| 2026-07-15 | 45.21 |
| 2026-07-14 | 44.59 |
| 2026-07-13 | 44.52 |
| 2026-07-10 | 45.37 |
| 2026-07-09 | 45.23 |
| 2026-07-08 | 44.83 |
| 2026-07-07 | 45.99 |
| 2026-07-06 | 46.90 |
| 2026-07-02 | 46.73 |
| 2026-07-01 | 46.72 |
| 2026-06-30 | 46.06 |
| 2026-06-29 | 45.44 |
| 2026-06-26 | 45.49 |
| 2026-06-25 | 45.98 |
| 2026-06-24 | 43.92 |
| 2026-06-23 | 43.97 |
| 2026-06-22 | 43.24 |
| 2026-06-18 | 44.21 |
| 2026-06-17 | 44.31 |
| 2026-06-16 | 44.31 |
| 2026-06-15 | 44.42 |
| 2026-06-12 | 44.12 |
| 2026-06-11 | 44.83 |
| 2026-06-10 | 42.40 |
| 2026-06-09 | 43.18 |
| 2026-06-08 | 42.77 |
| 2026-06-05 | 43.48 |
| 2026-06-04 | 43.98 |
| 2026-06-03 | 43.26 |
| 2026-06-02 | 43.71 |
| 2026-06-01 | 43.92 |
| 2026-05-29 | 51.35 |
| 2026-05-28 | 50.86 |
| 2026-05-27 | 45.41 |
| 2026-05-26 | 45.24 |
| 2026-05-22 | 44.28 |
| 2026-05-21 | 44.24 |
| 2026-05-20 | 44.23 |
| 2026-05-19 | 43.08 |
| 2026-05-18 | 43.15 |
| 2026-05-15 | 42.76 |
| 2026-05-14 | 43.97 |
| 2026-05-13 | 43.22 |
| 2026-05-12 | 42.92 |
| 2026-05-11 | 42.99 |
| 2026-05-08 | 43.80 |
| 2026-05-07 | 43.62 |
| 2026-05-06 | 44.50 |
| 2026-05-05 | 42.36 |
| 2026-05-04 | 41.42 |
| 2026-05-01 | 41.36 |
| 2026-04-30 | 41.31 |
| 2026-04-29 | 39.78 |
| 2026-04-28 | 40.62 |
| 2026-04-27 | 40.62 |
| 2026-04-24 | 40.29 |
| 2026-04-23 | 41.04 |
| 2026-04-22 | 40.99 |
| 2026-04-21 | 41.80 |
| 2026-04-20 | 43.74 |
| 2026-04-17 | 43.77 |
| 2026-04-16 | 42.70 |
| 2026-04-15 | 43.87 |
| 2026-04-14 | 44.64 |
| 2026-04-13 | 44.14 |
| 2026-04-10 | 43.44 |
| 2026-04-09 | 44.16 |
| 2026-04-08 | 44.31 |
| 2026-04-07 | 41.98 |
| 2026-04-06 | 42.19 |
| 2026-04-02 | 41.71 |
| 2026-04-01 | 41.97 |
| 2026-03-31 | 41.72 |
| 2026-03-30 | 40.49 |
| 2026-03-27 | 41.06 |
| 2026-03-26 | 41.17 |
| 2026-03-25 | 42.10 |
| 2026-03-24 | 42.06 |
| 2026-03-23 | 42.10 |
| 2026-03-20 | 41.39 |
| 2026-03-19 | 42.19 |
| 2026-03-18 | 43.68 |
| 2026-03-17 | 44.50 |
| 2026-03-16 | 44.25 |
| 2026-03-13 | 43.75 |
| 2026-03-12 | 44.08 |
| 2026-03-11 | 46.04 |
| 2026-03-10 | 45.81 |
| 2026-03-09 | 46.26 |
| 2026-03-06 | 46.02 |
| 2026-03-05 | 46.40 |
| 2026-03-04 | 48.16 |
| 2026-03-03 | 48.32 |
| 2026-03-02 | 48.69 |
| 2026-02-27 | 48.90 |
| 2026-02-26 | 48.45 |
| 2026-02-25 | 51.52 |
| 2026-02-24 | 52.83 |
| 2026-02-23 | 52.72 |
| 2026-02-20 | 53.28 |
| 2026-02-19 | 52.99 |
| 2026-02-18 | 52.54 |
| 2026-02-17 | 51.78 |
| 2026-02-13 | 51.51 |
| 2026-02-12 | 50.99 |
| 2026-02-11 | 50.30 |
| 2026-02-10 | 50.48 |
| 2026-02-09 | 50.54 |
| 2026-02-06 | 51.15 |
| 2026-02-05 | 50.61 |
| 2026-02-04 | 50.78 |
| 2026-02-03 | 52.39 |
| 2026-02-02 | 52.35 |
| 2026-01-30 | 51.85 |
| 2026-01-29 | 51.87 |
| 2026-01-28 | 51.96 |
| 2026-01-27 | 53.23 |
| 2026-01-26 | 52.74 |
| 2026-01-23 | 52.54 |
| 2026-01-22 | 53.38 |
| 2026-01-21 | 54.83 |
| 2026-01-20 | 54.40 |
| 2026-01-16 | 55.47 |
| 2026-01-15 | 56.24 |
| 2026-01-14 | 55.28 |
| 2026-01-13 | 55.21 |
| 2026-01-12 | 55.93 |
| 2026-01-09 | 55.63 |
| 2026-01-08 | 55.24 |
| 2026-01-07 | 55.21 |
| 2026-01-06 | 54.92 |
| 2026-01-05 | 54.18 |
| 2026-01-02 | 52.39 |
| 2025-12-31 | 51.41 |
| 2025-12-30 | 51.94 |
| 2025-12-29 | 52.13 |
| 2025-12-26 | 52.92 |
| 2025-12-24 | 53.40 |
| 2025-12-23 | 53.60 |
| 2025-12-22 | 57.16 |
| 2025-12-19 | 55.96 |
| 2025-12-18 | 52.72 |
| 2025-12-17 | 52.58 |
| 2025-12-16 | 53.09 |
| 2025-12-15 | 53.34 |
| 2025-12-12 | 52.99 |
| 2025-12-11 | 53.68 |
| 2025-12-10 | 52.71 |
| 2025-12-09 | 52.24 |
| 2025-12-08 | 53.75 |
| 2025-12-05 | 53.45 |
| 2025-12-04 | 54.04 |
| 2025-12-03 | 53.08 |
| 2025-12-02 | 52.75 |
| 2025-12-01 | 53.14 |
| 2025-11-28 | 54.04 |
| 2025-11-26 | 53.74 |
| 2025-11-25 | 53.82 |
| 2025-11-24 | 52.44 |
| 2025-11-21 | 51.99 |
| 2025-11-20 | 51.96 |
| 2025-11-19 | 52.69 |
| 2025-11-18 | 52.89 |
| 2025-11-17 | 53.04 |
| 2025-11-14 | 53.61 |
| 2025-11-13 | 54.26 |
| 2025-11-12 | 55.54 |
| 2025-11-11 | 56.18 |
| 2025-11-10 | 56.49 |
| 2025-11-07 | 55.05 |
| 2025-11-06 | 54.29 |
| 2025-11-05 | 54.30 |
| 2025-11-04 | 53.86 |
| 2025-11-03 | 53.81 |
| 2025-10-31 | 54.21 |
| 2025-10-30 | 52.88 |
| 2025-10-29 | 53.14 |
| 2025-10-28 | 53.32 |
| 2025-10-27 | 53.97 |
| 2025-10-24 | 54.17 |
| 2025-10-23 | 54.19 |
| 2025-10-22 | 53.28 |
| 2025-10-21 | 53.90 |
| 2025-10-20 | 53.64 |
| 2025-10-17 | 52.37 |
| 2025-10-16 | 52.42 |
| 2025-10-15 | 52.79 |
| 2025-10-14 | 53.95 |
| 2025-10-13 | 53.61 |
| 2025-10-10 | 53.01 |
| 2025-10-09 | 54.67 |
| 2025-10-08 | 55.21 |
| 2025-10-07 | 54.72 |
| 2025-10-06 | 55.77 |
| 2025-10-03 | 55.31 |
| 2025-10-02 | 54.82 |
| 2025-10-01 | 55.24 |
| 2025-09-30 | 55.60 |
| 2025-09-29 | 54.96 |
| 2025-09-26 | 55.14 |
| 2025-09-25 | 54.76 |
| 2025-09-24 | 54.63 |
| 2025-09-23 | 55.26 |
| 2025-09-22 | 55.15 |
| 2025-09-19 | 54.51 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.