Eaton Corporation, plc Ordinary Shares (ETN) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end market...
Eaton Corporation, plc Ordinary Shares (ETN) currently trades at a P/E ratio of 39.69 (historical range: 21.69–46.74, median: 32.69), placing it at the 90th percentile — expensive relative to its history, P/S ratio of 5.06 (range: 2.54–6.15, 61th percentile — above its historical average), EV/EBITDA of 30.86 (range: 18.59–39.06, 64th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Eaton Corporation, plc Ordinary Shares's P/E ratio has expanded by 24% over the observed period (from an average of 29.4 to 36.3).
Eaton Corporation, plc Ordinary Shares trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 39.69 | 32.69 | 90th | expensive relative to its history |
| P/S Ratio | 5.06 | 4.66 | 61th | above its historical average |
| EV/EBITDA | 30.86 | 28.70 | 64th | above its historical average |
| FCF Yield | 2.59% | 2.49% | 62th | below its historical average |
Eaton Corporation, plc Ordinary Shares (ETN) Valuation & P/E History
Eaton Corporation, plc Ordinary Shares (ETN) is a US-listed stock operating in the Industrials sector, specifically the Misc Industrial & Commercial Machinery & Equipment industry currently trading at $389.00 with a market capitalization of $151.1 billion. This page provides historical valuation analysis for ETN based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 39.69 is above the historical median of 32.69, placing ETN at the 90th percentile of its valuation range. The P/S ratio of 5.06 compares to a median of 4.66.
ETN Valuation Metrics & Historical Range
The valuation table above shows Eaton Corporation, plc Ordinary Shares's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ETN is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ETN is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Eaton Corporation, plc Ordinary Shares.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ETN Overvalued or Undervalued?
Eaton Corporation, plc Ordinary Shares trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 72 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ETN is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ETN analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ETN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.