As of Jul 25, 2024, the Teledyne Technologies stock's PE ratio is 22.16. This results from the current EPS of $18.76 and stock price of $415.7. The P/E ratio has a decrease of 8% from the past four quarters average of 24.0.
The PE ratio of Teledyne Technologies has averaged 25.93 over the last ten years. The current PE ratio of 22.16 is 15% below the historical average. Over the past ten years, TDY's PE ratio was at its highest in the Oct 2021 quarter at 42.47, when the stock price was $436.98 and the EPS was $10.29. The lowest value was in the Jan 2016 quarter, when it reached 15.98 with a price of $88.7 and an EPS of $5.55.
Maximum annual increase: 44.26% in 2019
Maximum annual decrease: -44.01% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.74 | 0.04% |
| 2023 | 23.73 | -44.01% |
| 2022 | 42.38 | 18.38% |
| 2021 | 35.8 | 14.05% |
| 2019 | 31.39 | 44.26% |
| 2018 | 21.76 | -22.53% |
| 2017 | 28.09 | 26.08% |
| 2017 | 22.28 | 39.42% |
| 2016 | 15.98 | -10.33% |
| 2014 | 17.82 | -4.4% |
Currently, TDY's PE ratio is below the 3, 5 and 10-year averages.
Compared to its peers TMO and GE, TDY's PE ratio stands lower, however it is higher than LMT's. Teledyne Technologies's PE ratio is trading below the peer group average of 29.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 18.98 | $125.09B |
| GD General Dynamics Corp | 22.37 | $79.8B |
| TDY Teledyne Technologies Inc | 22.47 | $19.99B |
| ROK Rockwell Automation Inc | 26.95 | $31.58B |
| ITT ITT Inc | 27.42 | $11.58B |
| CW Curtiss Wright Corp | 28.69 | $10.74B |
| NOC Northrop Grumman Corp | 31.17 | $70.24B |
| A Agilent Technologies Inc | 32.31 | $40.06B |
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| GE General Electric Co | 39.77 | $184.13B |
| CMTL Comtech Telecommunications Corp | N/A | $96.88M |
TDY stock has a price to earnings ratio of 22.16 as of Jul 25, 2024.
The average PE ratio for TDY stock over the past 3 years is 28.89.
The average PE ratio for TDY stock over the past 5 years is 30.44.
In the last ten years, the Oct 2021 quarter recorded the highest quarterly PE ratio at 42.47.
TDY's price to earnings ratio is currently 15% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Teledyne Technologies's stock price is $415.7. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $18.76. Therefore, Teledyne Technologies's P/E ratio for today is 22.16. PE RATIO(22.16) = STOCK PRICE($415.7) / TTM EPS($18.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.