Otis Worldwide Corp $ 67.38 -0.02 (-0.03%)
Warning! GuruFocus has detected 6 Medium warning signs with OTIS. Click here to check it out.
Avg Vol (1m):
Market Cap $:
Enterprise Value $:
Current and historical daily P/E ratio for OTIS (Otis Worldwide Corp) from 2020 to Nov 27 2020. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Otis Worldwide stock (OTIS) PE ratio as of Nov 27 2020 is 29.81. More Details
Otis Worldwide PE Ratio (TTM) Historical Data
View and export this data going back to 2020. Start your Free Trial
Otis Worldwide PE Ratio (TTM) Comparison
|Company||Market Cap(Mil)||PE Ratio (TTM)|
Compare NYSE:PH NYSE:TT NYSE:CMI NYSE:ROK NYSE:AME NYSE:DOV NYSE:ETN NYSE:IR NYSE:XYL NYSE:IEX NYSE:HON NYSE:MMM XTER:SIE NYSE:GE NYSE:ITW XPAR:SU OSTO:ATCO A NYSE:ROP TSE:6594 NYSE:EMR
Address One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp. Otis operates a razor and blade model where it manufactures and installs elevators at a low profit to build an installed base that will provide high profits from service in the years thereafter.