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GD General Dynamics PE ratio, current and historical analysis

The current price-to-earnings ratio for General Dynamics stock as of Nov 29, 2023 is 20.28. This is calculated based on the current EPS of $12.07 and the stock price of $244.83 per share. The PE ratio has increased by 9% from the past four quarters average of 18.6.

GD PE ratio history

How has GD's PE ratio performed in the past

The average historical PE ratio of General Dynamics for the last ten years is 17.11. The current P/E ratio of 20.28 is 19% higher than the historical average. In the past ten years, GD's PE ratio peaked in the Apr 2018 quarter at 22.31, when the stock price was $220.9 and the EPS was $9.9. The lowest point was in the Mar 2020 quarter, when it reached 10.88 with a price of $130.07 and an EPS of $11.95.

Average
17.11
Median
16.88
Minimum
10.88
Maximum
22.31

General Dynamics PE ratio by year

Maximum annual increase: 40.72% in 2016

Maximum annual decrease: -33.62% in 2018

Year PE ratio Change
2022 20.16 12.25%
2021 17.96 33.23%
2020 13.48 -7.61%
2019 14.59 5.12%
2018 13.88 -33.62%
2017 20.91 2.2%
2016 20.46 40.72%
2015 14.54 -20.11%
2014 18.2 27.99%
2013 14.22 N/A

GD average PE ratio chart

What is the average PE ratio of GD for the past years

GD's current P/E ratio is above the 3, 5 and 10-year averages.

3-year avg
17.71
5-year avg
16.2
10-year avg
17.11
15-year avg
15.02

GD PE vs peers

What is GD's PE ratio compared to its peers

In comparison to its peer HON, GD's PE ratio is lower, but it is higher than LMT's and NOC's. General Dynamics's PE ratio is trading above the peer group average of 17.84.

Stock name PE ratio Market cap
NOC Northrop Grumman Corp 15.3 $70.48B
TXT Textron Inc 15.96 $14.67B
LMT Lockheed Martin Corp 16.24 $110.41B
GD General Dynamics Corp 20.28 $66.81B
HON Honeywell International Inc 23.86 $128.07B
BA Boeing Co N/A $135.77B
KTOS Kratos Defense & Security Solutions Inc N/A $2.4B

Frequently asked questions

What is General Dynamics's PE ratio?

The price to earnings ratio for GD stock is 20.28 as of Nov 29, 2023.

What is the 3-year average PE ratio for General Dynamics (GD)?

As an average over the last 3 years, GD stock has a PE ratio of 17.71.

What is the 5-year average PE ratio for General Dynamics (GD)?

As an average over the last 5 years, GD stock has a PE ratio of 16.2.

What is the highest PE ratio for GD?

Over the last ten years, the quarterly PE ratio reached a historic high of 22.31 in the Apr 2018 quarter.

How does the current PE ratio for GD compare to its historical average?

The current price to earnings ratio of GD is 19% higher than the 10-year historical average.

How is GD's PE ratio calculated (General Dynamics PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 29, 2023), General Dynamics's stock price is $244.83. The earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $12.07. Therefore, General Dynamics's PE ratio for today is 20.28. PE RATIO(20.28) = STOCK PRICE($244.83) / TTM EPS($12.07)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.