Start with its own history
At 22.16×, DCI is 11.2% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · DCIIndustrial - MachineryUpdated Nov 4, 2026
Donaldson Company, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
22.16×
11.2% belowthe 10-year annual average
Share price85.52
÷Earnings per share3.86
Price and EPS in quote currency. Calculation details
Investors are paying 22.16 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 24.94×
3-year average23.05×3 positive annual observations
5-year average22.18×5 positive annual observations
10-year average24.94×10 positive annual observations
Peer median · TTM22.33×2 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2026 | 24.04× | +3.2% |
| Jul 31, 2025 | 23.29× | +6.8% |
| Jul 31, 2024 | 21.81× | +2.4% |
| Jul 31, 2023 | 21.30× | +4.2% |
| Jul 31, 2022 | 20.43× | -29.9% |
| Jul 31, 2021 | 29.16× | +22.4% |
| Jul 31, 2020 | 23.81× | -0.8% |
| Jul 31, 2019 | 24.01× | -30.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2018 | 34.57× | +28.1% |
| Jul 31, 2017 | 26.98× | +7.3% |
| Jul 31, 2016 | 25.15× | +13.0% |
| Jul 31, 2015 | 22.25× | +2.7% |
| Jul 31, 2014 | 21.67× | -0.2% |
| Jul 31, 2013 | 21.71× | +11.9% |
| Jul 31, 2012 | 19.39× | +2.4% |
| Jul 31, 2011 | 18.93× | -14.7% |
| Jul 31, 2010 | 22.19× | -0.7% |
| Jul 31, 2009 | 22.35× | +8.0% |
| Jul 31, 2008 | 20.70× | +6.9% |
| Jul 31, 2007 | 19.36× | -5.8% |
| Jul 31, 2006 | 20.56× | -17.9% |
| Jul 31, 2005 | 25.03× | +14.6% |
| Jul 31, 2004 | 21.84× | -1.5% |
| Jul 31, 2003 | 22.16× | +29.6% |
| Jul 31, 2002 | 17.10× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How DCI compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 DCI This stockDonaldson Company, Inc. | 22.16× |
 CECOCECO Environmental Corp. | N/M |
 ATMUAtmus Filtration Technologies Inc. | 18.19× |
 WTSWatts Water Technologies, Inc. | 26.46× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does DCI’s P/E tell you?
Compare like with like
The median of the 2 positive peer ratios above is 22.33×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take DCI into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("DCI", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 85.52 ÷ EPS 3.86 = 22.16×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
DCI P/E ratio: common questions
The essentials behind the numbers.
Donaldson Company, Inc.'s current P/E is 22.16× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.