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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 Mar 27, 2024 is 23.22. This is calculated based on the current EPS of $12.14 and the stock price of $281.9 per share. The PE ratio has increased by 23% from the past four quarters average of 18.9.

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 17.29. The current P/E ratio of 23.22 is 34% 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
17.29
Median
17.22
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
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 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
18.37
5-year avg
16.58
10-year avg
17.29
15-year avg
15.24

GD PE vs peers

What is GD's PE ratio compared to its peers

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 24.16.

Stock name PE ratio Market cap
LMT Lockheed Martin Corp 16.45 $109.91B
TXT Textron Inc 20.82 $18.51B
GD General Dynamics Corp 23.27 $77.4B
HON Honeywell International Inc 24.1 $134.1B
NOC Northrop Grumman Corp 35.28 $71.82B
BA Boeing Co N/A $117.48B
KTOS Kratos Defense & Security Solutions Inc N/A $2.38B

Frequently asked questions

What is General Dynamics's PE ratio?

The price to earnings ratio for GD stock is 23.22 as of Mar 27, 2024.

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 18.37.

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 16.58.

What is the highest PE ratio for GD?

Within the last ten years, the current PE ratio is at its peak with a value of 23.22.

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

The current price to earnings ratio of GD is 34% 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 (Mar 27, 2024), General Dynamics's stock price is $281.9. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $12.14. Therefore, General Dynamics's PE ratio for today is 23.22. PE RATIO(23.22) = STOCK PRICE($281.9) / TTM EPS($12.14)

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