TDY Teledyne Technologies PE ratio, current and historical analysis
As of Nov 20, 2024, the Teledyne Technologies stock's PE ratio is 23.49. This results from the current EPS of $20.03 and stock price of $470.45. The P/E ratio has grown by 5% from the past four quarters average of 22.3.
TDY PE ratio history
The PE ratio of Teledyne Technologies has averaged 25.93 over the last ten years. The current PE ratio of 23.49 is 9% 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.
Teledyne Technologies PE ratio by year
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% |
TDY average PE ratio chart
Currently, TDY's PE ratio is below the 3, 5 and 10-year averages.
TDY PE vs peers
Compared to its peers TMO and GE, TDY's PE ratio stands lower, however it is higher than LMT's and GD's. Teledyne Technologies's PE ratio is trading below the peer group average of 28.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 19.54 | $128.45B |
| GD General Dynamics Corp | 21.04 | $76.94B |
| TDY Teledyne Technologies Inc | 23.97 | $22.38B |
| ITT ITT Inc | 26.39 | $12.67B |
| A Agilent Technologies Inc | 27.28 | $37.94B |
| NOC Northrop Grumman Corp | 30.58 | $72.32B |
| GE General Electric Co | 31.13 | $193.42B |
| TMO Thermo Fisher Scientific Inc | 32.28 | $197.44B |
| ROK Rockwell Automation Inc | 33.47 | $31.44B |
| CW Curtiss Wright Corp | 34.55 | $13.95B |
| CMTL Comtech Telecommunications Corp | N/A | $90.93M |
Frequently asked questions
What is Teledyne Technologies's PE ratio?
TDY stock has a price to earnings ratio of 23.49 as of Nov 20, 2024.
What is the 3-year average PE ratio for Teledyne Technologies (TDY)?
The average PE ratio for TDY stock over the past 3 years is 26.49.
What is the 5-year average PE ratio for Teledyne Technologies (TDY)?
The average PE ratio for TDY stock over the past 5 years is 29.51.
What is the highest PE ratio for TDY?
In the last ten years, the Oct 2021 quarter recorded the highest quarterly PE ratio at 42.47.
How does the current PE ratio for TDY compare to its historical average?
TDY's price to earnings ratio is currently 9% below its 10-year historical average.
How is TDY's PE ratio calculated (Teledyne Technologies PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 20, 2024), Teledyne Technologies's stock price is $470.45. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $20.03. Therefore, Teledyne Technologies's P/E ratio for today is 23.49. PE RATIO(23.49) = STOCK PRICE($470.45) / TTM EPS($20.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.