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	25.2	-2.85%	🇺🇸 USA
Cubic CUB	N/A	N/A	🇺🇸 USA
Northrop Grumman NOC	17.1	-34.22%	🇺🇸 USA
Comtech Telecommunications CMTL	-2.69	-110.34%	🇺🇸 USA
Lockheed Martin LMT	20.6	-20.83%	🇺🇸 USA
PerkinElmer PKI	15.0	-42.41%	🇺🇸 USA
Rockwell Automation ROK	22.3	-14.15%	🇺🇸 USA
Thermo Fisher Scientific TMO	40.4	55.58%	🇺🇸 USA
ITT ITT	27.9	7.35%	🇺🇸 USA
Agilent Technologies A	37.1	42.61%	🇺🇸 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.