Fortive Corporation (FTV) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, elect...
Fortive Corporation (FTV) currently trades at a P/E ratio of 32.66 (historical range: 12.34–38.15, median: 31.18), placing it at the 66th percentile — above its historical average, P/S ratio of 5.24 (range: 3.45–8.30, 86th percentile — expensive relative to its history), EV/EBITDA of 31.05 (range: 20.74–53.82, 82th percentile).
Fortive Corporation trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 32.66 | 31.18 | 66th | above its historical average |
| P/S Ratio | 5.24 | 4.28 | 86th | expensive relative to its history |
| EV/EBITDA | 31.05 | 26.12 | 82th | expensive relative to its history |
| FCF Yield | 5.47% | 4.89% | 78th | below its historical average |
Fortive Corporation (FTV) Valuation & P/E History
Fortive Corporation (FTV) is a US-listed stock operating in the Technology sector, specifically the Industrial Instruments For Measurement, Display, And Control industry currently trading at $57.79 with a market capitalization of $17.4 billion. This page provides historical valuation analysis for FTV based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 32.66 is above the historical median of 31.18, placing FTV at the 66th percentile of its valuation range. The P/S ratio of 5.24 compares to a median of 4.28.
FTV Valuation Metrics & Historical Range
The valuation table above shows Fortive Corporation'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 FTV 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 FTV 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 Fortive Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FTV Overvalued or Undervalued?
Fortive Corporation trades well above its own historical valuation range across most metrics. The overall valuation percentile of 78 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FTV 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 FTV analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FTV trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.