Dover forward PE DOV
Share price divided by analysts' consensus earnings for the next twelve months, since 1993.
- Today, Oct 23, 2026
- 17.7×
- 10-year median
- 17.8×
- Against its 10-year history
- 49th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 13.0× to 24.8×
- Peer median
- 19.1×
Dover's forward PE is 17.7× as of Oct 23, 2026.
That is below its ten-year median of 17.8×, close to the middle of its last ten years.
Over that time it ranged from 13.0× in May 2018 to 24.8× in Feb 2020.
The median for 10 industrial machinery stocks of a similar size is 19.1×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 17.7× | 16.7× | 21.9× |
| 2025 | 19.4× | 16.2× | 22.2× |
| 2024 | 21.0× | 17.0× | 23.0× |
| 2023 | 17.7× | 14.8× | 18.0× |
| 2022 | 15.7× | 13.8× | 23.6× |
| 2021 | 23.4× | 17.1× | 23.6× |
| 2020 | 19.3× | 13.7× | 24.8× |
| 2019 | 23.6× | 13.8× | 23.6× |
| 2018 | 13.2× | 13.0× | 17.9× |
| 2017 | 16.8× | 15.1× | 18.2× |
| 2016 | 16.9× | 14.3× | 18.3× |
| 2015 | 16.6× | 14.8× | 19.4× |
| 2014 | 16.6× | 10.7× | 18.6× |
| 2013 | 11.6× | 8.8× | 11.6× |
| 2012 | 9.1× | 7.9× | 10.1× |
| 2011 | 9.1× | 7.6× | 11.9× |
| 2010 | 11.0× | 9.1× | 13.5× |
| 2009 | 11.6× | 8.5× | 13.5× |
| 2008 | 9.7× | 7.0× | 12.9× |
| 2007 | 9.2× | 9.0× | 11.3× |
Against its peers
Companies in Industrial - Machinery nearest Dover's size, closest first, today.
| Company | Forward PE |
|---|---|
| DOVDover | 17.7× |
| XYLXylem | 18.6× |
| IRIngersoll Rand | 19.6× |
| OTISOtis Worldwide | 17.5× |
| SYMSymbotic | 110× |
| NDSNNordson | n/m |
| ITTITT | n/m |
| IEXIDEX | n/m |
| CARRCarrier Global | 18.6× |
| ROKRockwell Automation | 29.3× |
| RBCRBC Bearings INC | n/m |
| Peer median | 19.1× |
Where Dover ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Dover
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.