Start with its own history
At 26.04×, EMR is 9.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · EMRIndustrial - MachineryUpdated Oct 30, 2026
Emerson Electric Co. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.04×
9.2% abovethe 10-year annual average
Share price164.82
÷Earnings per share6.33
Price and EPS in quote currency. Calculation details
Investors are paying 26.04 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 23.83×
3-year average29.92×3 positive annual observations
5-year average26.01×5 positive annual observations
10-year average23.83×10 positive annual observations
Peer median · TTM31.46×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2025 | 32.23× | +1.5% |
| Sep 30, 2024 | 31.75× | +23.2% |
| Sep 30, 2023 | 25.77× | +62.9% |
| Sep 30, 2022 | 15.81× | -35.4% |
| Sep 30, 2021 | 24.46× | +21.6% |
| Sep 30, 2020 | 20.12× | +12.6% |
| Sep 30, 2019 | 17.87× | -19.8% |
| Sep 30, 2018 | 22.27× | -16.2% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2017 | 26.58× | +23.8% |
| Sep 30, 2016 | 21.47× | +95.6% |
| Sep 30, 2015 | 10.97× | -46.2% |
| Sep 30, 2014 | 20.41× | -11.9% |
| Sep 30, 2013 | 23.17× | +30.2% |
| Sep 30, 2012 | 17.79× | +42.7% |
| Sep 30, 2011 | 12.47× | -31.8% |
| Sep 30, 2010 | 18.27× | +4.4% |
| Sep 30, 2009 | 17.50× | +32.6% |
| Sep 30, 2008 | 13.20× | -34.2% |
| Sep 30, 2007 | 20.05× | +8.1% |
| Sep 30, 2006 | 18.55× | -11.4% |
| Sep 30, 2005 | 20.93× | +1.5% |
| Sep 30, 2004 | 20.63× | +1.9% |
| Sep 30, 2003 | 20.25× | -87.1% |
| Sep 30, 2002 | 156.93× | +724.9% |
| Sep 30, 2001 | 19.02× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How EMR compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 EMR This stockEmerson Electric Co. | 26.04× |
 ROKRockwell Automation, Inc. | 40.80× |
 ETNEaton Corporation plc | 37.52× |
 NVTnVent Electric plc | 30.00× |
 JCIJohnson Controls International plc | 31.78× |
 PHParker-Hannifin Corporation | 31.14× |
 DOVDover Corporation | 24.07× |
 IEXIDEX Corporation | 32.39× |
 MIELYMitsubishi Electric Corp. Unsponsored ADR | 18.91× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does EMR’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 31.46×. 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 EMR 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("EMR", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 164.82 ÷ EPS 6.33 = 26.04×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 30, 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.
EMR P/E ratio: common questions
The essentials behind the numbers.
Emerson Electric Co.'s current P/E is 26.04× based on the quote data last updated Oct 30, 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.