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GTES Gates Industrial PE ratio, current and historical analysis

As of Jun 14, 2024, the GTES stock has a PE ratio of 17.29. The calculation is based on the latest EPS of $0.93 and the stock price of $16.08 per share. An increase of 8% has been observed in the PE ratio compared to its average of 15.9 of the last four quarters.

GTES PE ratio history

How has GTES's PE ratio performed in the past

The mean historical PE ratio of Gates Industrial over the last seven years is 19.75. The current 17.29 P/E ratio is 12% lower than the historical average. Looking back at the last seven years, GTES's PE ratio peaked in the Jan 2021 quarter at 47.26, with a price of $12.76 and an EPS of $0.27. The Sep 2019 quarter marked the lowest point at 3.89, with a price of $9.99 and an EPS of $2.57.

Average
19.75
Median
16.64
Minimum
3.89
Maximum
47.26

Gates Industrial PE ratio by year

Maximum annual increase: 720.49% in 2021

Maximum annual decrease: -66.99% in 2022

Year PE ratio Change
2023 15.6 6.63%
2022 14.63 -6.22%
2022 15.6 -66.99%
2021 47.26 720.49%
2019 5.76 -62.43%
2018 15.33 N/A
2017 N/A N/A
2016 N/A N/A
2016 N/A N/A

GTES average PE ratio chart

What is the average PE ratio of GTES for the past years

Currently, GTES's PE ratio is higher than its 3-year average, but it is lower than its 5-year average.

3-year avg
16.59
5-year avg
20.51
10-year avg
N/A
15-year avg
N/A

GTES PE vs peers

What is GTES's PE ratio compared to its peers

In comparison to its peer stocks TKR and TWIN, GTES's PE ratio is higher.

Stock name PE ratio Market cap
TWIN Twin Disc Inc 13.21 $166.42M
TKR Timken Co 15.25 $5.68B
GTES Gates Industrial Corp plc 17.29 $4.2B

Frequently asked questions

What is Gates Industrial's PE ratio?

GTES's price to earnings ratio is 17.29 as of Jun 14, 2024.

What is the 3-year average PE ratio for Gates Industrial (GTES)?

As an average over the last 3 years, GTES stock has a PE ratio of 16.59.

What is the 5-year average PE ratio for Gates Industrial (GTES)?

As an average over the last 5 years, GTES stock has a PE ratio of 20.51.

What is the highest PE ratio for GTES?

Over the last seven years, the Jan 2021 quarter recorded the highest quarterly PE ratio at 47.26.

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

GTES's current price to earnings ratio is 12% below its 7-year historical average.

How is GTES's PE ratio calculated (Gates Industrial 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 14, 2024), Gates Industrial's share price is $16.08. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.93. Therefore, Gates Industrial's PE ratio for today is 17.29. PE RATIO(17.29) = STOCK PRICE($16.08) / TTM EPS($0.93)

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