Price to Earning ratio Analysis of Otis Worldwide Corp - Deep Dive


Latest FY PE
Period Ending - Dec-23

29.18


Very Poor PE
Period Ending - Dec-22
32.79

Very Poor PE
Growth
-11.01 %
Trailing Twelve Months PE
Period Ending - Dec-23

26.98


Poor PE
PE Analysis of Otis Worldwide Corp
P/E Ratio of Otis Worldwide Corp with value of 26.98 shows that stock price is high compared to company earnings and may be overvalued.
PE Ratio of OTIS has fallen by -11.01 % Compared to previous Financial Year.
PE Ratio with value of 46.59 was highest in Year Dec-20 in last Five Years.
PE Ratio of OTIS trending down for at least three Years.
Latest PE Ratio with value of 29.18 is lower than Average PE of 36.02 in last five years.
Other PE Related Info of OTIS that may interest you.
Otis Worldwide Corp Overview
CodePricePrevious PricePrice ChangeSector
OTIS97.1397.44 0.318 % Specialty Industrial Machinery
Fundamental AnalysisTechnical Analysis
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued.    more ..
Price to Earning Formula

PE Related Ratios
PriceToSalesRatioPriceToBookRatioPriceToCashFlowRatio

Tsr Value Index
Poor Value Stock
FY - Historical Price to Earning of Otis Worldwide Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
PE29.1832.7933.5746.5937.9840.1066.65
Change-11.01 %-2.31 %-27.96 %22.67 %-5.29 %-39.83 %
FY Chart of Price to Earning of Otis Worldwide Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)