ITW - P/E Ratio Insights for Illinois Tool Works | Benzinga
In the current session, the stock is trading at $241.85, after a 0.48% spike. Over the past month, Illinois Tool Works Inc. (NYSE:ITW) stock increased by 8.33%, and in the past year, by 7.89%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
A Look at Illinois Tool Works P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, ...