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.
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.
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 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 |
The price to earnings ratio for GD stock is 23.22 as of Mar 27, 2024.
As an average over the last 3 years, GD stock has a PE ratio of 18.37.
As an average over the last 5 years, GD stock has a PE ratio of 16.58.
Within the last ten years, the current PE ratio is at its peak with a value of 23.22.
The current price to earnings ratio of GD is 34% 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 (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.