Start with its own history
At 28.50×, IEX is 6.6% 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 · IEXIndustrial - MachineryUpdated Nov 4, 2026
IDEX Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
28.50×
6.6% belowthe 10-year annual average
Share price233.69
÷Earnings per share8.2
Price and EPS in quote currency. Calculation details
Investors are paying 28.50 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 30.53×
3-year average28.90×3 positive annual observations
5-year average31.23×5 positive annual observations
10-year average30.53×10 positive annual observations
Peer median · TTM25.02×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 27.76× | -11.5% |
| Dec 31, 2024 | 31.38× | +13.9% |
| Dec 31, 2023 | 27.55× | -6.5% |
| Dec 31, 2022 | 29.46× | -26.3% |
| Dec 31, 2021 | 39.99× | +0.2% |
| Dec 31, 2020 | 39.92× | +30.7% |
| Dec 31, 2019 | 30.55× | +29.9% |
| Dec 31, 2018 | 23.51× | -21.4% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 29.93× | +18.6% |
| Dec 31, 2016 | 25.23× | +20.2% |
| Dec 31, 2015 | 20.99× | -6.2% |
| Dec 31, 2014 | 22.37× | -5.8% |
| Dec 31, 2013 | 23.75× | -77.0% |
| Dec 31, 2012 | 103.40× | +552.0% |
| Dec 31, 2011 | 15.86× | -21.8% |
| Dec 31, 2010 | 20.27× | -8.3% |
| Dec 31, 2009 | 22.09× | +41.8% |
| Dec 31, 2008 | 15.58× | -17.2% |
| Dec 31, 2007 | 18.82× | +9.5% |
| Dec 31, 2006 | 17.18× | -10.4% |
| Dec 31, 2005 | 19.17× | -18.4% |
| Dec 31, 2004 | 23.48× | +8.0% |
| Dec 31, 2003 | 21.74× | +13.7% |
| Dec 31, 2002 | 19.12× | -40.1% |
| Dec 31, 2001 | 31.94× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How IEX compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 IEX This stockIDEX Corporation | 28.50× |
 FLSFlowserve Corporation | 40.59× |
 ITTITT Inc. | 41.28× |
 NDSNNordson Corporation | 33.30× |
 GGGGraco Inc. | 22.15× |
 FELEFranklin Electric Co., Inc. | 22.23× |
 WTSWatts Water Technologies, Inc. | 26.46× |
 IRIngersoll Rand Inc. | 23.58× |
 SULZFSulzer Ltd | 20.80× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does IEX’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 25.02×. 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 IEX 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("IEX", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 233.69 ÷ EPS 8.2 = 28.50×. 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.
IEX P/E ratio: common questions
The essentials behind the numbers.
IDEX Corporation's current P/E is 28.50× 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.