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.
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.
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's current P/E ratio is above the 3, 5 and 10-year averages.
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 |
The price to earnings ratio for GD stock is 20.28 as of Nov 29, 2023.
As an average over the last 3 years, GD stock has a PE ratio of 17.71.
As an average over the last 5 years, GD stock has a PE ratio of 16.2.
Over the last ten years, the quarterly PE ratio reached a historic high of 22.31 in the Apr 2018 quarter.
The current price to earnings ratio of GD is 19% 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 (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.