Calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings common stockholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 18, 2019 | 19.30 | = | 73.07 | ÷ | 3.79 | 3.79 | = | 2,306 | ÷ | 609,153,835 | |
| Nov 19, 2018 | 19.46 | = | 68.46 | ÷ | 3.52 | 3.52 | = | 2,203 | ÷ | 626,158,598 | |
| Nov 20, 2017 | 25.48 | = | 60.26 | ÷ | 2.37 | 2.37 | = | 1,518 | ÷ | 641,819,838 | |
| Nov 16, 2016 | 21.61 | = | 54.97 | ÷ | 2.54 | 2.54 | = | 1,635 | ÷ | 642,776,971 | |
| Nov 18, 2015 | 12.08 | = | 50.01 | ÷ | 4.14 | 4.14 | = | 2,710 | ÷ | 654,557,141 | |
| Nov 19, 2014 | 20.73 | = | 64.15 | ÷ | 3.10 | 3.10 | = | 2,147 | ÷ | 693,634,810 | |
| Nov 19, 2013 | 23.66 | = | 67.36 | ÷ | 2.85 | 2.85 | = | 2,004 | ÷ | 703,964,498 | |
| Nov 20, 2012 | 17.84 | = | 48.49 | ÷ | 2.72 | 2.72 | = | 1,968 | ÷ | 724,139,345 | |
| Nov 22, 2011 | 14.33 | = | 48.31 | ÷ | 3.37 | 3.37 | = | 2,480 | ÷ | 735,749,636 | |
| Nov 23, 2010 | 19.16 | = | 55.10 | ÷ | 2.88 | 2.88 | = | 2,164 | ÷ | 752,657,107 | |
| Nov 23, 2009 | 18.45 | = | 42.30 | ÷ | 2.29 | 2.29 | = | 1,724 | ÷ | 752,147,714 | |
| Nov 25, 2008 | 10.97 | = | 34.51 | ÷ | 3.14 | 3.14 | = | 2,412 | ÷ | 767,063,304 | |
| Nov 19, 2007 | 19.81 | = | 53.76 | ÷ | 2.71 | 2.71 | = | 2,136 | ÷ | 787,228,656 | |
| Nov 21, 2006 | 19.31 | = | 44.41 | ÷ | 2.30 | 2.30 | = | 1,845 | ÷ | 802,368,780 | |
| Nov 22, 2005 | 21.15 | = | 36.61 | ÷ | 1.73 | 1.73 | = | 1,422 | ÷ | 821,630,628 |
Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Emerson Electric Co. Annual Report.
- Share Price
- The share price experienced fluctuations during the reported years. Initially, there was a steady increase from $36.61 in 2005 to a peak of $55.10 in 2010. This was followed by a decline to $48.31 in 2011, after which the price stabilized around the high 40s. From 2012 onwards, the share price showed a general upward trajectory, reaching a high of $73.07 in 2019. Despite some volatility, the overall long-term trend indicates growth in the market valuation of the company.
- Earnings Per Share (EPS)
- EPS showed a general upward trend, increasing from $1.73 in 2005 to a peak of $4.14 in 2014. After 2014, EPS experienced some volatility, with a notable dip to $2.37 in 2018 before rising again to $3.79 in 2019. This pattern indicates periods of fluctuating profitability but with an overall positive trend in earnings over the analyzed period.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio fluctuated significantly across the years. It started at 21.15 in 2005 and showed a downward trend to a low of 10.97 in 2008, which may reflect either a decrease in share price or an increase in earnings. After 2008, the ratio tended to rise again, peaking at 25.48 in 2017, followed by a decline to around 19.3 in 2019. This variability suggests changing market perceptions of growth prospects and risk associated with the company over time.
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Comparison to Competitors
| Emerson Electric Co. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Nov 18, 2019 | 19.30 | — | 12.36 | 18.06 | — | 20.97 | 19.87 | 24.41 |
| Nov 19, 2018 | 19.46 | 21.87 | 12.42 | 15.92 | — | 16.02 | 16.88 | 19.74 |
| Nov 20, 2017 | 25.48 | 24.68 | 126.80 | 11.90 | — | 67.20 | 48.70 | 21.97 |
| Nov 16, 2016 | 21.61 | 20.50 | — | 16.96 | 32.22 | 19.29 | 14.14 | 17.55 |
| Nov 18, 2015 | 12.08 | 14.89 | 18.07 | 13.17 | — | 16.70 | 18.36 | 9.31 |
| Nov 19, 2014 | 20.73 | 19.15 | 14.01 | 18.73 | 17.17 | 19.27 | 16.86 | 17.52 |
| Nov 19, 2013 | 23.66 | 21.10 | 16.25 | 19.35 | 19.59 | 18.91 | 17.56 | 17.51 |
| Nov 20, 2012 | 17.84 | 14.71 | 11.02 | 23.99 | 17.57 | 18.78 | 10.34 | 16.07 |
| Nov 22, 2011 | 14.33 | 14.09 | 15.11 | 12.83 | 15.52 | 22.54 | 10.81 | 15.29 |
| Nov 23, 2010 | 19.16 | 16.17 | 24.14 | 19.59 | 19.49 | 22.48 | 9.58 | 17.84 |
| Nov 23, 2009 | 18.45 | 33.40 | 40.66 | 29.60 | 16.09 | 13.44 | 9.56 | 16.33 |
| Nov 25, 2008 | 10.97 | 11.63 | 4.51 | 5.65 | 6.62 | 8.71 | 8.47 | 9.57 |
| Nov 19, 2007 | 19.81 | 15.99 | 12.54 | 11.89 | 15.45 | 17.07 | 14.15 | 16.61 |
| Nov 21, 2006 | 19.31 | 32.40 | 12.28 | 12.47 | 17.11 | 18.37 | 16.95 | 18.16 |
| Nov 22, 2005 | 21.15 | 22.62 | 17.17 | 12.82 | 21.07 | 20.71 | 17.45 | 18.76 |
Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Sector (Capital Goods)
| Emerson Electric Co. | Capital Goods | |
|---|---|---|
| Nov 18, 2019 | 19.30 | 39.03 |
| Nov 19, 2018 | 19.46 | 56.00 |
| Nov 20, 2017 | 25.48 | 55.16 |
| Nov 16, 2016 | 21.61 | 23.62 |
| Nov 18, 2015 | 12.08 | 33.10 |
| Nov 19, 2014 | 20.73 | 17.47 |
| Nov 19, 2013 | 23.66 | 18.85 |
| Nov 20, 2012 | 17.84 | 15.74 |
| Nov 22, 2011 | 14.33 | 15.20 |
| Nov 23, 2010 | 19.16 | 18.46 |
| Nov 23, 2009 | 18.45 | 17.22 |
| Nov 25, 2008 | 10.97 | 7.48 |
| Nov 19, 2007 | 19.81 | 15.28 |
| Nov 21, 2006 | 19.31 | 17.63 |
| Nov 22, 2005 | 21.15 | 20.11 |
Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Industry (Industrials)
| Emerson Electric Co. | Industrials | |
|---|---|---|
| Nov 18, 2019 | 19.30 | 43.95 |
| Nov 19, 2018 | 19.46 | 33.70 |
| Nov 20, 2017 | 25.48 | 29.83 |
| Nov 16, 2016 | 21.61 | 22.92 |
| Nov 18, 2015 | 12.08 | 22.89 |
| Nov 19, 2014 | 20.73 | 18.79 |
| Nov 19, 2013 | 23.66 | 19.13 |
| Nov 20, 2012 | 17.84 | 17.77 |
| Nov 22, 2011 | 14.33 | 15.75 |
| Nov 23, 2010 | 19.16 | 18.72 |
| Nov 23, 2009 | 18.45 | 19.17 |
| Nov 25, 2008 | 10.97 | 9.73 |
| Nov 19, 2007 | 19.81 | 16.93 |
| Nov 21, 2006 | 19.31 | 11.65 |
| Nov 22, 2005 | 21.15 | 50.62 |
Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).