P/E Ratio
Updated 222h ago
Sector Performance
62th percentileIEX
29.7x
Sector Median
24.8x
Sector Avg
36.1x
Deep Analysis
The current P/E ratio of 29.7x means investors are paying $29.70 for every $1 of the company’s earnings, indicating the stock is priced at a premium relative to its profit generation.
Among sector peers, the median P/E is 24.1x, and IEX sits at the 63rd percentile — meaning it is more expensive than 63% of its peers. Year-over-year change is not available, and quarter-over-quarter change is +0.1%, showing virtually no movement over the two recorded data points. The combination of a P/E well above the sector median with a flat trend suggests the stock carries a valuation premium without recent momentum to justify further expansion, which points to moderate downside risk if earnings fail to grow. This metric supports the NEUTRAL verdict because the elevated multiple implies limited upside from current levels, yet the stable trend does not signal an imminent correction.
Frequently Asked Questions
What does the P/E Ratio tell investors about IEX?
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.
Who are IEX's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
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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29.7x
Sector Median
24.8x
Sector Avg
36.1x
How IEX's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.