General Dynamics Corporation (GD) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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GD Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, General Dynamics Corporation (GD) trades at a price-to-earnings ratio of 22.6x, with a stock price of $349.16 and trailing twelve-month earnings per share of $15.84.
The current P/E is 14% above its 5-year average of 19.8x. Over the past five years, GD's P/E has ranged from a low of 16.4x to a high of 23.0x, placing the current valuation at the 85th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.7x, GD is roughly in line with its sector peers. The sector includes 416 companies with P/E ratios ranging from 0.0x to 183.1x.
The PEG ratio of 3.21 (P/E divided by 13% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, GD trades roughly in line with the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GD DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
GD P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $117B | 23.7 | - | -4% | |
| $233B | 34.9 | - | +40% | |
| $79B | 19.2 | 2.17 | +3% | |
| $177B | 90.5 | - | +114%Best | |
| $57B | 35.5 | 3.38 | +8% | |
| $13B | 21.2 | - | +10% | |
| $16B | 17.9 | 0.59Best | +18% | |
| $17B | 12.3 | 0.60 | +21% | |
| $13B | 10.5Lowest | 0.65 | +58% | |
| $4B | 12.4 | 0.74 | +7% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
GD Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sun Apr 05 2026 00:00:00 GM | $349.09 | $15.90 | 22.0x | +45% |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $336.66 | $15.46 | 21.8x | +44% |
| FY2025 Q3 | Sun Sep 28 2025 00:00:00 GM | $330.34 | $15.44 | 21.4x | +41% |
| FY2025 Q2 | Sun Jun 29 2025 00:00:00 GM | $290.74 | $14.90 | 19.5x | +29% |
| FY2025 Q1 | Sun Mar 30 2025 00:00:00 GM | $269.08 | $14.42 | 18.7x | +23% |
| FY2024 Q4 | $263.49 | $13.64 | 19.3x | +27% | |
| FY2024 Q3 | Sun Sep 29 2024 00:00:00 GM | $300.13 | $13.13 | 22.9x | +51% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $290.14 | $12.82 | 22.6x | +49% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $282.49 | $12.26 | 23.0x | +52% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $259.67 | $12.02 | 21.6x | +43% |
| FY2023 Q3 | Sun Oct 01 2023 00:00:00 GM | $220.97 | $11.96 | 18.5x | +22% |
| FY2023 Q2 | Sun Jul 02 2023 00:00:00 GM | $215.15 | $12.18 | 17.7x | +17% |
Average P/E for displayed period: 15.2x
Full GD Stock Analysis
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Start ComparisonGD — Frequently Asked Questions
Quick answers to the most common questions about buying GD stock.
Is GD stock overvalued or undervalued?
GD trades at 22.6x P/E, near its 5-year average of 19.8x. The 85th percentile ranking places valuation within normal historical bounds.
How does GD's valuation compare to peers?
General Dynamics Corporation P/E of 22.6x compares to sector median of 25.7x. The discount suggests lower growth expectations or higher risk.
What is GD's PEG ratio?
GD PEG ratio is 3.21. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.