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$Graco (GGG.US)$In the past 5 years, revenue only declined s...

$Graco(GGG.US)$In the past 5 years, revenue only declined slightly by 0.4% in 2019, and continued to grow for the remaining 4 years. Operating profit was similar. The average growth rate in the past 5 years was 9.7%, the average growth rate in the past 3 years was 10.6%, net profit grew at an average rate of 12.8% in the past 5 years, and an average growth rate of 10.3% in the past 3 years.
The current price-earnings ratio of 27 times is still too high compared to the profit growth rate.
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