General Dynamics
GD
#249
Rank
C$108.15 B
Marketcap
$393.32
Share price
0.67%
Change (1 day)
15.89%
Change (1 year)

P/E ratio for General Dynamics (GD)

P/E ratio as of November 2024 (TTM): 23.3

According to General Dynamics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2865. At the end of 2022 the company had a P/E ratio of 20.2.

P/E ratio history for General Dynamics from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.212.44%
202117.932.98%
202013.5-7.58%
201914.65.12%
201813.9-33.64%
201720.911.29%
201618.826.38%
201514.9-18.23%
201418.227.67%
201314.2-120.35%
2012-70.0-830.15%
20119.58-6.95%
201010.3-6.33%
200911.018.75%
20089.26-46.73%
200717.47.77%
200616.13.23%
200515.6-7.99%
200417.0-4.57%
200317.82%
200217.42.73%
200117.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-31.9-236.87%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-30.18%๐Ÿ‡บ๐Ÿ‡ธ USA
19.7-15.25%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-22.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-132-665.03%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2 20.97%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.