P/E ratio for Teledyne (TDY)

P/E ratio history for Teledyne from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
General Dynamics GD	22.1	-22.08%	🇺🇸 USA
Cubic CUB	N/A	N/A	🇺🇸 USA
Northrop Grumman NOC	15.5	-45.51%	🇺🇸 USA
Comtech Telecommunications CMTL	-3.41	-112.04%	🇺🇸 USA
Lockheed Martin LMT	17.8	-37.12%	🇺🇸 USA
PerkinElmer PKI	15.0	-47.24%	🇺🇸 USA
Rockwell Automation ROK	24.4	-13.83%	🇺🇸 USA
Thermo Fisher Scientific TMO	34.4	21.15%	🇺🇸 USA
ITT ITT	27.5	-3.15%	🇺🇸 USA
Agilent Technologies A	35.5	25.02%	🇺🇸 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.