GTES
Gates Industrial
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: GTES
- PE Ratio
As of Aug 2, 2026, the GTES stock has a PE ratio of 19.57. The calculation is based on the latest EPS of $1.43 and the stock price of $27.98 per share. A decrease of 15% has been observed in the PE ratio compared to its average of 22.9 of the last four quarters.
GTES PE ratio history
The mean historical PE ratio of Gates Industrial over the last nine years is 20.66. The current 19.57 P/E ratio is 5% lower than the historical average. Looking back at the last nine 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.
Gates Industrial PE ratio by year
Maximum annual increase: 720.49% in 2021
Maximum annual decrease: -66.99% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.91 | -20.5% | $21.47 | $0.98 |
| 2024 | 27.56 | 76.67% | $20.67 | $0.75 |
| 2023 | 15.6 | 6.63% | $13.42 | $0.86 |
| 2022 | 14.63 | -6.22% | $11.41 | $0.78 |
| 2022 | 15.6 | -66.99% | $15.91 | $1.02 |
| 2021 | 47.26 | 720.49% | $12.76 | $0.27 |
| 2019 | 5.76 | -62.43% | $13.71 | $2.38 |
| 2018 | 15.33 | N/A | $13.18 | $0.86 |
| 2017 | N/A | N/A | N/A | $0.62 |
| 2016 | N/A | N/A | N/A | $0.23 |
| 2016 | N/A | N/A | N/A | $0.1 |
Gates Industrial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 20.13 | -10.77% | $28.79 | $1.43 |
| Mar 2026 | 22.56 | 2.97% | $22.11 | $0.98 |
| Dec 2025 | 21.91 | -19.06% | $21.47 | $0.98 |
| Sep 2025 | 27.07 | -8.7% | $24.9 | $0.92 |
| Jun 2025 | 29.65 | 33.62% | $23.13 | $0.78 |
| Mar 2025 | 22.19 | -19.48% | $18.42 | $0.83 |
| Dec 2024 | 27.56 | 29.76% | $20.67 | $0.75 |
| Sep 2024 | 21.24 | 28.96% | $17.84 | $0.84 |
| Jun 2024 | 16.47 | -13.5% | $15.81 | $0.96 |
| Mar 2024 | 19.04 | 22.05% | $17.71 | $0.93 |
| Dec 2023 | 15.6 | 25% | $13.42 | $0.86 |
| Sep 2023 | 12.48 | -25% | $11.61 | $0.93 |
| Jul 2023 | 16.64 | -8.97% | $13.48 | $0.81 |
| Apr 2023 | 18.28 | 24.95% | $13.89 | $0.76 |
| Dec 2022 | 14.63 | 4.95% | $11.41 | $0.78 |
GTES Price vs fair value
GTES average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, GTES's PE ratio is higher than its 5-year average, but it is lower than its 3-year average.
PE comparison
Gates Industrial's price to earnings (P/E) of 19.57 is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 28.25, Gates Industrial's price to earnings (P/E) is 31% lower.
GTES PE vs peers
In comparison to its peer TKR, GTES's PE ratio is lower, but it is higher than TWIN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TWIN Twin Disc Inc | 12.2 | $328.98M |
| GTES Gates Industrial Corporation Ltd | 19.83 | $7.18B |
| TKR Timken Co | 31.28 | $9.61B |
Frequently asked questions
What is Gates Industrial's PE ratio?
GTES's price to earnings ratio is 19.57 as of Aug 2, 2026.
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 21.33.
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 19.25.
What is the highest PE ratio for GTES?
Over the last nine 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 5% below its 9-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 (Aug 2, 2026), Gates Industrial's share price is $27.98. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.43. Therefore, Gates Industrial's PE ratio for today is 19.57. PE RATIO(19.57) = STOCK PRICE($27.98) / TTM EPS($1.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.