Back to GD overview

GD General Dynamics PE ratio, current and historical analysis

The current price-to-earnings ratio for General Dynamics stock as of Jun 21, 2024 is 24.05. This is calculated based on the current EPS of $12.4 and the stock price of $298.25 per share. The PE ratio has increased by 20% from the past four quarters average of 20.0.

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 17.47. The current P/E ratio of 24.05 is 38% 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.

Average
17.47
Median
17.53
Minimum
10.88
Maximum
22.78

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
18.91
5-year avg
16.96
10-year avg
17.47
15-year avg
15.53

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 above the peer group average of 22.54.

Stock name PE ratio Market cap
LMT Lockheed Martin Corp 17.05 $112.2B
TXT Textron Inc 18.34 $16.54B
GD General Dynamics Corp 24.05 $81.83B
HON Honeywell International Inc 24.75 $140.06B
NOC Northrop Grumman Corp 30.03 $63.94B
BA Boeing Co N/A $108.39B
KTOS Kratos Defense & Security Solutions Inc N/A $3.1B

Frequently asked questions

What is General Dynamics's PE ratio?

The price to earnings ratio for GD stock is 24.05 as of Jun 21, 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 18.91.

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 16.96.

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 24.05.

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

The current price to earnings ratio of GD is 38% 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 (Jun 21, 2024), General Dynamics's stock price is $298.25. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $12.4. Therefore, General Dynamics's PE ratio for today is 24.05. PE RATIO(24.05) = STOCK PRICE($298.25) / TTM EPS($12.4)

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