P/E ratio for General Dynamics (GD)
P/E ratio as of March 2023 (TTM): 18.2
According to General Dynamics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1635. At the end of 2021 the company had a P/E ratio of 17.9.
P/E ratio history for General Dynamics from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.9 | 32.98% |
| 2020 | 13.5 | -7.58% |
| 2019 | 14.6 | 5.12% |
| 2018 | 13.9 | -33.64% |
| 2017 | 20.9 | 17.47% |
| 2016 | 17.8 | 19.74% |
| 2015 | 14.9 | -18.23% |
| 2014 | 18.2 | 27.67% |
| 2013 | 14.2 | -120.35% |
| 2012 | -70.0 | -830.15% |
| 2011 | 9.58 | -6.95% |
| 2010 | 10.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -23.7 | -230.41% | 🇺🇸 USA |
 Lockheed Martin LMT | 21.5 | 18.37% | 🇺🇸 USA |
 Northrop Grumman NOC | 17.9 | -1.36% | 🇺🇸 USA |
 Textron TXT | 17.8 | -1.80% | 🇺🇸 USA |
 Honeywell HON | 23.7 | 30.60% | 🇺🇸 USA |
 Kratos Defense & Security Solutions KTOS | -45.3 | -349.17% | 🇺🇸 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.