The current price-to-earnings ratio for General Dynamics stock as of Jul 25, 2024 is 22.42. This is calculated based on the current EPS of $12.98 and the stock price of $290.98 per share. The PE ratio has increased by 6% from the past four quarters average of 21.2.
The average historical PE ratio of General Dynamics for the last ten years is 17.58. The current P/E ratio of 22.42 is 28% higher than the historical average. In the past ten years, GD's PE ratio peaked in the Mar 2024 quarter at 22.78, when the stock price was $282.49 and the EPS was $12.4. 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.
Maximum annual increase: 40.72% in 2016
Maximum annual decrease: -33.62% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.39 | 6.1% |
| 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% |
GD's current P/E ratio is above the 3, 5 and 10-year averages.
In comparison to its peers HON and NOC, GD's PE ratio is lower, but it is higher than LMT's and TXT's. General Dynamics's PE ratio is trading below the peer group average of 23.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 18.98 | $125.09B |
| TXT Textron Inc | 19.46 | $17.56B |
| GD General Dynamics Corp | 22.37 | $79.8B |
| HON Honeywell International Inc | 22.98 | $131.69B |
| NOC Northrop Grumman Corp | 31.17 | $70.24B |
| BA Boeing Co | N/A | $114.73B |
| KTOS Kratos Defense & Security Solutions Inc | N/A | $3.4B |
The price to earnings ratio for GD stock is 22.42 as of Jul 25, 2024.
As an average over the last 3 years, GD stock has a PE ratio of 19.41.
As an average over the last 5 years, GD stock has a PE ratio of 17.28.
Over the last ten years, the quarterly PE ratio reached a historic high of 22.78 in the Mar 2024 quarter.
The current price to earnings ratio of GD is 28% higher than the 10-year historical average.
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 (Jul 25, 2024), General Dynamics's stock price is $290.98. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $12.98. Therefore, General Dynamics's PE ratio for today is 22.42. PE RATIO(22.42) = STOCK PRICE($290.98) / TTM EPS($12.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.