Question 1

What is AMETEK's P/E ratio?

Accepted Answer

AMETEK (AME) P/E ratio is 34.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for AMETEK?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For AMETEK specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is AMETEK's P/E ratio high or low?

Accepted Answer

AMETEK's P/E ratio of 34.1× is above its own 5-year average of 29.4× and above the sector median of 27.8×. That places the current reading at the 82th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is AMETEK's historical P/E ratio range?

Accepted Answer

In the available daily series, AMETEK (AME) P/E ratio has ranged from a low of 13.0× in 2002 to a high of 39.8× in 2021. The 5-year average is 29.4× and the 5-year median is 29.5×.

Question 7

What was AMETEK's P/E ratio in 2025?

Accepted Answer

AMETEK (AME) P/E ratio at the end of 2025 was 31.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does AMETEK's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$47.14B	$1.48B	31.8×	+1.5×	Dec 31, 2025
2024	$41.80B	$1.38B	30.4×	+1.4×	Dec 31, 2024
2023	$38.05B	$1.31B	29.0×	+1.1×	Dec 31, 2023
2022	$32.29B	$1.16B	27.8×	-6.5×	Dec 31, 2022
2021	$34.02B	$990.05M	34.4×	+2.5×	Dec 31, 2021
2020	$27.81B	$872.44M	31.9×	+5.4×	Dec 31, 2020
2019	$22.80B	$861.30M	26.5×	+6.5×	Dec 31, 2019
2018	$15.54B	$777.93M	20.0×	-4.6×	Dec 31, 2018
2017	$16.72B	$681.47M	24.5×	+2.7×	Dec 31, 2017
2016	$11.19B	$512.16M	21.8×	+0.3×	Dec 31, 2016
2015	$12.71B	$590.86M	21.5×	-0.5×	Dec 31, 2015
2014	$12.84B	$584.46M	22.0×	-3.0×	Dec 31, 2014
2013	$12.89B	$517.00M	24.9×	+5.1×	Dec 31, 2013
2012	$9.11B	$459.13M	19.8×	+2.3×	Dec 31, 2012
2011	$6.74B	$384.46M	17.5×	-4.5×	Dec 31, 2011
2010	$6.27B	$283.93M	22.1×	+2.3×	Dec 31, 2010
2009	$4.08B	$205.77M	19.8×	+6.8×	Dec 31, 2009
2008	$3.22B	$246.95M	13.0×	-8.7×	Dec 31, 2008
2007	$4.96B	$228.02M	21.8×	+3.4×	Dec 31, 2007
2006	$3.35B	$181.93M	18.4×	-3.2×	Dec 31, 2006
2005	$2.97B	$137.45M	21.6×	-0.1×	Dec 31, 2005
2004	$2.45B	$112.71M	21.7×	+3.3×	Dec 31, 2004
2003	$1.62B	$87.81M	18.5×	+3.3×	Dec 31, 2003
2002	$1.27B	$83.70M	15.2×	-0.6×	Dec 31, 2002
2001	$1.04B	$66.11M	15.8×	—	Dec 31, 2001


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for AMETEK (AME)

P/E Ratio daily chart for AMETEK (AME)

Historical P/E Ratio for AMETEK (AME) from 2001 to 2025

About P/E Ratio at AMETEK (AME)

AMETEK P/E Ratio by Year

AMETEK P/E Ratio 2025: 31.8×

AMETEK P/E Ratio 2024: 30.4×

AMETEK P/E Ratio 2023: 29.0×

AMETEK P/E Ratio 2022: 27.8×

AMETEK P/E Ratio 2021: 34.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

AMETEK (AME) Key Financials

P/E Ratio daily chart for AMETEK (AME)

Historical P/E Ratio for AMETEK (AME) from 2001 to 2025

About P/E Ratio at AMETEK (AME)

AMETEK P/E Ratio by Year

AMETEK P/E Ratio 2025: 31.8×

AMETEK P/E Ratio 2024: 30.4×

AMETEK P/E Ratio 2023: 29.0×

AMETEK P/E Ratio 2022: 27.8×

AMETEK P/E Ratio 2021: 34.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is AMETEK's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for AMETEK?

+Is AMETEK's P/E ratio high or low?

+What is AMETEK's historical P/E ratio range?

+What was AMETEK's P/E ratio in 2025?

+Why does AMETEK's P/E ratio change over time?

AMETEK (AME) Key Financials