P/E Ratio
Higher than 23% of Industrials sector peers
Updated 1928h ago
Sector Performance
23th percentileALLE
19.6x
Sector Median
30.5x
Sector Avg
34.5x
Deep Analysis
The P/E ratio of 19.6x means that investors are paying $19.60 for every $1 of Allegion’s earnings per share — a valuation measure that compares stock price to profit.
Allegion’s P/E sits well below the Industrials sector median of 35.1x, placing it in the 14th percentile among its sector peers, indicating it is cheaper than the vast majority of comparable companies. No year-over-year or quarter-over-quarter change data is available for this metric, so the trend direction over the last eight quarters is also not reported. The combination of a low P/E (discount valuation) with no observable trend means there is no recent momentum to confirm whether the discount is narrowing or widening, which adds uncertainty rather than clarity for investment risk or opportunity. This metric supports the overall NEUTRAL verdict: the low P/E suggests undervaluation relative to peers, but the absence of trend data prevents a strong bullish or bearish tilt, leaving a balanced outlook.
Frequently Asked Questions
What does the P/E Ratio tell investors about ALLE?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does ALLE's P/E Ratio compare to its sector?
ALLE's P/E Ratio of 19.6x compares to a Industrials sector median of 30.5x, placing it in the 23th percentile.
Who are ALLE's closest peers by P/E Ratio?
The closest Industrials peers by P/E Ratio include: BLDR (32.4x), MMM (28.6x), AME (35.1x), AAL (36.9x), ROP (22.1x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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19.6x
Sector Median
30.5x
Sector Avg
34.5x
How ALLE's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.