Gates Industrial is trading with a PEG ratio of 0.23, based on Aug 2, 2026 data. Dividing the 19.57 PE ratio by the 83.3% earnings growth rate yields this valuation metric. Relative to the 1.26 average from the previous four quarters, the PEG ratio has plunged by 82%.
Historically, Gates Industrial shows a PEG ratio averaging 0.67 across the past eight years. At 0.23, today's PE to growth ratio sits 66% below its historical average. The eight years high occurred in the Sep 2025 quarter at 2.85, reflecting maximum valuation relative to growth. The minimum was hit in the Mar 2019 quarter at 0.01, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.71 | 21.91 | 30.7% |
| 2024 | N/A | 27.56 | -12.8% |
| 2023 | 1.51 | 15.6 | 10.3% |
| 2022 | N/A | 14.63 | -23.5% |
| 2022 | 0.06 | 15.6 | 277.8% |
| 2021 | N/A | 47.26 | -88.7% |
| 2019 | 0.03 | 5.76 | 176.7% |
| 2018 | 0.4 | 15.33 | 38.7% |
| 2017 | N/A | N/A | 169.6% |
| 2016 | N/A | N/A | 130% |
| 2016 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.24 | 20.13 | 83.3% |
| Mar 2026 | 1.25 | 22.56 | 18.1% |
| Dec 2025 | 0.71 | 21.91 | 30.7% |
| Sep 2025 | 2.85 | 27.07 | 9.5% |
| Jun 2025 | N/A | 29.65 | -18.8% |
| Mar 2025 | N/A | 22.19 | -10.8% |
| Dec 2024 | N/A | 27.56 | -12.8% |
| Sep 2024 | N/A | 21.24 | -9.7% |
| Jun 2024 | 0.89 | 16.47 | 18.5% |
| Mar 2024 | 0.85 | 19.04 | 22.4% |
| Dec 2023 | 1.51 | 15.6 | 10.3% |
| Sep 2023 | 0.38 | 12.48 | 32.9% |
| Jul 2023 | 2.52 | 16.64 | 6.6% |
| Apr 2023 | N/A | 18.28 | -15.6% |
| Dec 2022 | N/A | 14.63 | -23.5% |
When comparing to historical values, GTES's PEG ratio is below the 3 and 5-year averages.
Gates Industrial's PEG of 0.23 is below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.1, Gates Industrial's PEG is 79% lower.
Compared to its peer stock TWIN, GTES's PEG ratio comes in higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| TWIN Twin Disc Inc | 0.02 | $340.02M |
| GTES Gates Industrial Corporation Ltd | 0.24 | $7.3B |
| TKR Timken Co | N/A | $9.84B |
According to Aug 2, 2026 data, GTES's PEG ratio sits at 0.23.
GTES's 3-year PEG ratio average stands at 1.09.
GTES's 5-year PEG ratio average stands at 0.96.
GTES's PEG ratio peaked at 2.85 during the Sep 2025 quarter - the highest in eight years.
Compared to the 8-year average, GTES's PEG ratio is 66% lower.
At 0.23, GTES's PEG ratio suggests the stock may be attractively priced given its growth rate.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Aug 2, 2026, Gates Industrial has a P/E ratio of 19.57. Earnings grew at 83.3% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.23. PEG RATIO(0.23) = PE RATIO(19.57) / EPS GROWTH(83.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.