P/E ratio for Teledyne (TDY)
P/E ratio as of April 2024 (TTM): 22.4
According to Teledyne's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4389. At the end of 2022 the company had a P/E ratio of 23.8.
P/E ratio history for Teledyne from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.8 | -45.51% |
| 2021 | 43.6 | 21.36% |
| 2020 | 35.9 | 14.48% |
| 2019 | 31.4 | 40.8% |
| 2018 | 22.3 | -20.98% |
| 2017 | 28.2 | 25.09% |
| 2016 | 22.5 | 40.57% |
| 2015 | 16.0 | -8.27% |
| 2014 | 17.5 | -6.43% |
| 2013 | 18.7 | 27.72% |
| 2012 | 14.6 | 85.3% |
| 2011 | 7.89 | -40.29% |
| 2010 | 13.2 | 8.72% |
| 2009 | 12.2 | -14.29% |
| 2008 | 14.2 | -25.24% |
| 2007 | 19.0 | 10.67% |
| 2006 | 17.1 | 13.74% |
| 2005 | 15.1 | -34.42% |
| 2004 | 23.0 | 12.22% |
| 2003 | 20.5 | 3.17% |
| 2002 | 19.9 | -75.62% |
| 2001 | 81.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 37.3 | 66.10% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.9 | -24.60% | 🇺🇸 USA |
 Agilent Technologies A | 35.6 | 58.68% | 🇺🇸 USA |
 General Dynamics GD | 23.6 | 5.19% | 🇺🇸 USA |
 Northrop Grumman NOC | 16.0 | -28.80% | 🇺🇸 USA |
 Rockwell Automation
ROK | 23.0 | 2.66% | 🇺🇸 USA |
 PerkinElmer
PKI | 15.0 | -33.30% | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -1.46 | -106.51% | 🇺🇸 USA |
 ITT ITT | 24.7 | 10.27% | 🇺🇸 USA |
 Cubic CUB | N/A | N/A | 🇺🇸 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.