Leonardo DRS is trading with a PEG ratio of 0.7, based on Nov 2, 2026 data. Dividing the 26.75 PE ratio by the 38.0% earnings growth rate yields this valuation metric. Relative to the 1.21 average from the previous four quarters, the PEG ratio has decreased by 42%.
Historically, Leonardo DRS shows a PEG ratio averaging 1.06 across the past four years. At 0.7, today's PE to growth ratio sits 34% below its historical average. The four years high occurred in the Sep 2024 quarter at 1.98, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2022 quarter at 0.04, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.1 | 32.47 | 29.6% |
| 2024 | 1.5 | 39.89 | 26.6% |
| 2023 | N/A | 31.31 | -66% |
| 2022 | 0.04 | 6.8 | 157.5% |
| 2021 | N/A | N/A | 82.5% |
| 2020 | N/A | N/A | -23.1% |
| 2019 | N/A | N/A | 842.9% |
| 2018 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.7 | 26.54 | 38% |
| Jun 2026 | 1.23 | 34.98 | 28.4% |
| Mar 2026 | 1.82 | 40.84 | 22.5% |
| Dec 2025 | 1.1 | 32.47 | 29.6% |
| Sep 2025 | 1.36 | 45.4 | 33.3% |
| Jun 2025 | 1.45 | 48.93 | 33.8% |
| Mar 2025 | 1.45 | 36.94 | 25.4% |
| Dec 2024 | 1.5 | 39.89 | 26.6% |
| Sep 2024 | 1.98 | 37.63 | 19% |
| Jun 2024 | N/A | 35.93 | -60.1% |
| Mar 2024 | N/A | 31.11 | -59.7% |
| Dec 2023 | N/A | 31.31 | -66% |
| Sep 2023 | N/A | 26.51 | -62.7% |
| Jun 2023 | 0.05 | 9.74 | 196.7% |
| Mar 2023 | 0.05 | 7.37 | 151.4% |
Measured against past performance, DRS's PEG ratio is below the 3-year average.
With a PEG of 0.7, DRS is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 0.96, Leonardo DRS's PEG is 27% lower.
Compared to its peers, DRS's PEG ratio is under RTX's and GD's but above LMT's and BA's. Leonardo DRS's PEG ratio of 0.7 is below the peer average of 1.37.
DRS shows a PEG ratio of 0.7, per Nov 2, 2026 data.
Historical data over a 3-year period places DRS's average PEG ratio at 1.4.
The Sep 2024 quarter marked the four years high at 1.98 for DRS's PEG ratio.
Compared to the 4-year average, DRS's PEG ratio is 34% lower.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 2, 2026, Leonardo DRS has a P/E ratio of 26.75. Earnings grew at 38.0% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.7. PEG RATIO(0.7) = PE RATIO(26.75) / EPS GROWTH(38.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.