Stock Analysis on Net

Roper Technologies Inc. (NASDAQ:ROP)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Roper Technologies Inc., historical price multiples (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Price to earnings (P/E) 18.05 18.04 17.33 10.03 14.72 15.89 17.05 40.24 45.90 48.46 47.45 42.42 26.05 28.34 22.37 21.11 30.85 32.96 33.92 35.04
Price to operating profit (P/OP) 31.14 31.91 31.00 29.90 29.84 31.58 33.65 31.33 33.40 34.33 32.53 28.15 28.14 31.08 24.42 24.91 24.31 25.43 25.93 23.69
Price to sales (P/S) 8.80 9.06 8.75 8.48 7.84 8.19 8.66 8.03 8.91 9.10 8.53 7.29 7.53 8.43 6.75 6.95 6.66 6.97 7.09 6.37
Price to book value (P/BV) 3.10 3.13 2.98 2.84 3.09 3.32 3.63 4.01 4.54 4.66 4.40 3.84 4.01 4.61 3.82 3.93 4.15 4.44 4.60 4.28 3.95 4.18 3.88

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Roper Technologies Inc. P/E ratio increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Roper Technologies Inc. P/OP ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Roper Technologies Inc. P/S ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Roper Technologies Inc. P/BV ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023.

Price to Earnings (P/E)

Roper Technologies Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 106,822,117 106,710,899 106,592,234 106,243,275 106,052,054 106,009,642 105,912,655 105,602,835 105,484,900 105,423,844 105,239,028 104,939,597 104,872,361 104,710,813 104,396,635 106,109,664 104,057,938 104,001,819 103,841,015 103,607,782 103,430,854 103,345,379 103,160,340
Selected Financial Data (US$)
Net earnings (in thousands) 347,200 364,900 283,100 1,928,400 327,000 268,800 2,020,500 287,800 289,500 286,300 289,000 255,800 234,400 219,200 240,300 871,100 277,500 249,700 369,600 257,100 247,600 228,400 211,300
Earnings per share (EPS)2 27.37 27.21 26.34 42.78 27.38 27.04 27.23 10.91 10.62 10.11 9.49 9.05 14.92 15.36 15.70 16.66 11.09 10.81 10.62 9.12 0.00 0.00 0.00
Share price1, 3 494.05 490.97 456.42 428.99 403.12 429.81 464.39 439.21 487.65 489.82 450.15 383.92 388.75 435.22 351.16 351.70 342.11 356.17 360.19 319.35 288.34 295.58 269.20
Valuation Ratio
P/E ratio4 18.05 18.04 17.33 10.03 14.72 15.89 17.05 40.24 45.90 48.46 47.45 42.42 26.05 28.34 22.37 21.11 30.85 32.96 33.92 35.04
Benchmarks
P/E Ratio, Competitors5
Apple Inc. 30.03 28.94 25.69 24.82 26.21 25.03 27.64 25.96 27.61 29.19 36.00 32.24 31.11 21.90 24.67 20.00
Arista Networks Inc. 32.79 33.61 27.44 32.05 33.51 34.45 37.69 47.57 48.16 39.93 36.93 37.42
Cisco Systems Inc. 17.20 18.01 17.28 15.78 15.18 19.78 20.46 23.34 21.99 19.39 16.91 15.46 17.64 17.87 17.54 17.69
Dell Technologies Inc. 16.85 5.08 6.44 7.31 6.58 19.68 19.66 20.88 21.71 23.01 8.57 6.21
Super Micro Computer Inc. 12.26 7.82 9.13 12.72 14.48 15.76 21.50 16.15 19.94 18.28 17.15 17.04 14.90 16.76 15.68 15.81

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2023 Calculation
EPS = (Net earningsQ3 2023 + Net earningsQ2 2023 + Net earningsQ1 2023 + Net earningsQ4 2022) ÷ No. shares of common stock outstanding
= (347,200,000 + 364,900,000 + 283,100,000 + 1,928,400,000) ÷ 106,822,117 = 27.37

3 Closing price as at the filing date of Roper Technologies Inc. Quarterly or Annual Report.

4 Q3 2023 Calculation
P/E ratio = Share price ÷ EPS
= 494.05 ÷ 27.37 = 18.05

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Roper Technologies Inc. P/E ratio increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Price to Operating Profit (P/OP)

Roper Technologies Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 106,822,117 106,710,899 106,592,234 106,243,275 106,052,054 106,009,642 105,912,655 105,602,835 105,484,900 105,423,844 105,239,028 104,939,597 104,872,361 104,710,813 104,396,635 106,109,664 104,057,938 104,001,819 103,841,015 103,607,782 103,430,854 103,345,379 103,160,340
Selected Financial Data (US$)
Income from operations (in thousands) 446,100 435,300 401,000 412,500 393,200 362,900 355,900 320,600 403,500 381,500 374,600 380,700 367,600 333,600 349,200 398,400 385,200 368,400 346,400 364,400 377,500 354,300 300,200
Operating profit per share2 15.87 15.39 14.73 14.35 13.51 13.61 13.80 14.02 14.60 14.27 13.84 13.64 13.81 14.00 14.38 14.12 14.07 14.01 13.89 13.48 0.00 0.00 0.00
Share price1, 3 494.05 490.97 456.42 428.99 403.12 429.81 464.39 439.21 487.65 489.82 450.15 383.92 388.75 435.22 351.16 351.70 342.11 356.17 360.19 319.35 288.34 295.58 269.20
Valuation Ratio
P/OP ratio4 31.14 31.91 31.00 29.90 29.84 31.58 33.65 31.33 33.40 34.33 32.53 28.15 28.14 31.08 24.42 24.91 24.31 25.43 25.93 23.69
Benchmarks
P/OP Ratio, Competitors5
Apple Inc. 25.35 24.31 21.45 20.74 22.07 21.37 23.78 22.56 23.98 25.06 31.00 27.92 27.07 19.10 21.45 17.29
Arista Networks Inc. 29.88 30.23 24.01 28.39 29.48 31.27 35.28 43.25 44.26 35.97 33.03 33.93
Cisco Systems Inc. 13.88 14.67 14.12 13.35 12.91 16.75 17.02 19.26 17.97 15.77 14.03 12.73 13.53 13.95 13.79 14.46
Dell Technologies Inc. 4.98 5.04 7.09 8.73 8.55 14.00 14.47 13.19 14.32 14.24 13.80 10.93
Super Micro Computer Inc. 10.29 6.55 7.70 10.82 12.71 14.45 19.41 14.57 19.28 17.44 17.42 16.77 12.55 13.65 12.18 11.69

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2023 Calculation
Operating profit per share = (Income from operationsQ3 2023 + Income from operationsQ2 2023 + Income from operationsQ1 2023 + Income from operationsQ4 2022) ÷ No. shares of common stock outstanding
= (446,100,000 + 435,300,000 + 401,000,000 + 412,500,000) ÷ 106,822,117 = 15.87

3 Closing price as at the filing date of Roper Technologies Inc. Quarterly or Annual Report.

4 Q3 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 494.05 ÷ 15.87 = 31.14

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Roper Technologies Inc. P/OP ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Price to Sales (P/S)

Roper Technologies Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 106,822,117 106,710,899 106,592,234 106,243,275 106,052,054 106,009,642 105,912,655 105,602,835 105,484,900 105,423,844 105,239,028 104,939,597 104,872,361 104,710,813 104,396,635 106,109,664 104,057,938 104,001,819 103,841,015 103,607,782 103,430,854 103,345,379 103,160,340
Selected Financial Data (US$)
Net revenues (in thousands) 1,563,400 1,531,200 1,469,700 1,430,900 1,350,300 1,310,800 1,279,800 1,512,300 1,462,800 1,426,600 1,376,100 1,505,300 1,366,100 1,305,000 1,350,700 1,394,800 1,354,500 1,330,300 1,287,200 1,376,300 1,318,700 1,293,700 1,202,500
Sales per share2 56.12 54.18 52.18 50.56 51.42 52.50 53.64 54.71 54.71 53.82 52.76 52.67 51.65 51.62 52.02 50.58 51.40 51.08 50.81 50.10 0.00 0.00 0.00
Share price1, 3 494.05 490.97 456.42 428.99 403.12 429.81 464.39 439.21 487.65 489.82 450.15 383.92 388.75 435.22 351.16 351.70 342.11 356.17 360.19 319.35 288.34 295.58 269.20
Valuation Ratio
P/S ratio4 8.80 9.06 8.75 8.48 7.84 8.19 8.66 8.03 8.91 9.10 8.53 7.29 7.53 8.43 6.75 6.95 6.66 6.97 7.09 6.37
Benchmarks
P/S Ratio, Competitors5
Apple Inc. 7.41 7.09 6.31 6.28 6.74 6.61 7.35 6.72 6.90 6.85 7.82 6.74 6.64 4.68 5.30 4.25
Arista Networks Inc. 11.14 10.92 8.57 9.89 9.93 10.18 11.13 13.57 13.63 11.07 10.15 10.24
Cisco Systems Inc. 3.59 3.83 3.80 3.62 3.53 4.54 4.59 4.96 4.60 4.09 3.68 3.52 3.76 3.83 3.71 3.96
Dell Technologies Inc. 0.29 0.26 0.35 0.40 0.45 0.77 0.83 0.72 0.57 0.53 0.42 0.31
Super Micro Computer Inc. 1.10 0.68 0.67 0.70 0.57 0.47 0.62 0.51 0.54 0.50 0.44 0.43 0.40 0.43 0.37 0.32

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2023 Calculation
Sales per share = (Net revenuesQ3 2023 + Net revenuesQ2 2023 + Net revenuesQ1 2023 + Net revenuesQ4 2022) ÷ No. shares of common stock outstanding
= (1,563,400,000 + 1,531,200,000 + 1,469,700,000 + 1,430,900,000) ÷ 106,822,117 = 56.12

3 Closing price as at the filing date of Roper Technologies Inc. Quarterly or Annual Report.

4 Q3 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 494.05 ÷ 56.12 = 8.80

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Roper Technologies Inc. P/S ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Price to Book Value (P/BV)

Roper Technologies Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 106,822,117 106,710,899 106,592,234 106,243,275 106,052,054 106,009,642 105,912,655 105,602,835 105,484,900 105,423,844 105,239,028 104,939,597 104,872,361 104,710,813 104,396,635 106,109,664 104,057,938 104,001,819 103,841,015 103,607,782 103,430,854 103,345,379 103,160,340
Selected Financial Data (US$)
Stockholders’ equity (in thousands) 17,038,700 16,745,900 16,332,700 16,037,800 13,857,800 13,726,500 13,551,900 11,563,800 11,342,300 11,089,200 10,765,700 10,479,800 10,160,900 9,879,700 9,591,300 9,491,900 8,571,300 8,351,000 8,137,400 7,738,500 7,554,900 7,302,900 7,155,500
Book value per share (BVPS)2 159.51 156.93 153.23 150.95 130.67 129.48 127.95 109.50 107.53 105.19 102.30 99.87 96.89 94.35 91.87 89.45 82.37 80.30 78.36 74.69 73.04 70.66 69.36
Share price1, 3 494.05 490.97 456.42 428.99 403.12 429.81 464.39 439.21 487.65 489.82 450.15 383.92 388.75 435.22 351.16 351.70 342.11 356.17 360.19 319.35 288.34 295.58 269.20
Valuation Ratio
P/BV ratio4 3.10 3.13 2.98 2.84 3.09 3.32 3.63 4.01 4.54 4.66 4.40 3.84 4.01 4.61 3.82 3.93 4.15 4.44 4.60 4.28 3.95 4.18 3.88
Benchmarks
P/BV Ratio, Competitors5
Apple Inc. 47.21 43.92 43.09 48.89 44.95 37.86 38.64 38.96 37.28 32.20 34.75 28.33 25.14 15.98 15.85 12.21 9.98 9.15 6.61
Arista Networks Inc. 9.58 9.81 7.81 8.87 8.90 8.90 8.46 10.05 9.78 7.87 7.24 7.15 6.12 5.89 5.53
Cisco Systems Inc. 4.66 4.91 4.94 4.69 4.51 5.92 5.46 5.99 5.59 5.02 4.64 4.57 5.33 5.56 5.60 6.12 6.57 5.36 4.56
Dell Technologies Inc. 4.99 15.40 22.52 27.38 59.76
Super Micro Computer Inc. 4.07 2.49 2.49 2.54 2.09 1.66 2.10 1.65 1.72 1.52 1.35 1.35 1.29 1.41 1.27 1.21 1.25 1.27 1.30

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2023 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 17,038,700,000 ÷ 106,822,117 = 159.51

3 Closing price as at the filing date of Roper Technologies Inc. Quarterly or Annual Report.

4 Q3 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 494.05 ÷ 159.51 = 3.10

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Roper Technologies Inc. P/BV ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023.