Great Lakes Dredge & Dock Corporation (GLDD) P/E Ratio History
Fairly ValuedTrading at 15.7x, near 5Y avg of 16.7x · 60th percentile · In line with own history · Data 2006–2025
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P/E Ratio Analysis
As of June 21, 2026, Great Lakes Dredge & Dock Corporation (GLDD) trades at a price-to-earnings ratio of 15.7x, with a stock price of $17.00 and trailing twelve-month earnings per share of $1.08.
The current P/E is roughly in line with its 5-year average of 16.7x. Over the past five years, GLDD's P/E has ranged from a low of 8.1x to a high of 36.4x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.6x, GLDD trades at a 38% discount to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
The PEG ratio of 10.15 (P/E divided by 29% 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, GLDD trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 GLDD 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.
GLDD Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
GLDD P/E vs Peers
Marine construction and dredging peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 3.2Lowest | 0.15Best | -6% | |
| $6B | 40.4 | - | +39% | |
| $5B | 20.2 | 1.10 | +52% | |
| $26B | 91.9 | 2.07 | +13% | |
| $7B | 66.7 | 3.56 | +40% | |
| $7B | 61.2 | 3.67 | +311%Best | |
| $1B | 25.5 | - | +121% | |
| $459B | 52.4 | 1.86 | -15% | |
| $39B | 37.3 | 2.85 | +19% | |
| $37B | 32.4 | 3.16 | -42% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
GLDD Historical P/E Data (2006–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Dec 31 2025 | $13.12 | $1.08 | 12.1x | -61% |
| FY2025 Q3 | - | $11.99 | $1.18 | 10.2x | -68% |
| FY2025 Q2 | Jun 30 2025 | $12.19 | $1.05 | 11.6x | -63% |
| FY2025 Q1 | Mar 31 2025 | $8.70 | $1.02 | 8.5x | -73% |
| FY2024 Q4 | - | $11.29 | $0.84 | 13.4x | -57% |
| FY2024 Q3 | Sep 30 2024 | $10.53 | $0.87 | 12.1x | -62% |
| FY2024 Q2 | Jun 30 2024 | $8.78 | $0.65 | 13.5x | -57% |
| FY2024 Q1 | Mar 31 2024 | $8.75 | $0.57 | 15.4x | -51% |
| FY2023 Q4 | Dec 31 2023 | $7.68 | $0.21 | 36.4x | +15% |
| FY2022 Q3 | Sep 30 2022 | $7.58 | $0.33 | 23.0x | -27% |
| FY2022 Q2 | - | $13.11 | $0.69 | 19.0x | -40% |
| FY2022 Q1 | - | $14.03 | $0.78 | 18.0x | -43% |
| FY2021 Q4 | Dec 31 2021 | $15.72 | $0.74 | 21.2x | -33% |
| FY2021 Q3 | - | $15.09 | $0.53 | 28.5x | -10% |
| FY2021 Q2 | Jun 30 2021 | $14.61 | $0.51 | 28.6x | -9% |
| FY2021 Q1 | Mar 31 2021 | $14.58 | $0.62 | 23.5x | -25% |
| FY2020 Q4 | - | $13.17 | $1.01 | 13.0x | -59% |
| FY2020 Q3 | Sep 30 2020 | $9.51 | $1.10 | 8.6x | -73% |
| FY2020 Q2 | - | $9.26 | $1.03 | 9.0x | -72% |
| FY2020 Q1 | - | $8.30 | $1.02 | 8.1x | -74% |
| FY2019 Q4 | - | $11.33 | $0.77 | 14.7x | -53% |
| FY2019 Q3 | Sep 30 2019 | $10.45 | $0.40 | 26.1x | -17% |
| FY2019 Q2 | Jun 30 2019 | $11.04 | $0.47 | 23.5x | -26% |
| FY2019 Q1 | Mar 31 2019 | $8.91 | $0.32 | 27.5x | -13% |
| FY2015 Q3 | Sep 30 2015 | $5.04 | $0.24 | 21.0x | -33% |
| FY2015 Q2 | - | $5.96 | $0.20 | 29.8x | -6% |
| FY2015 Q1 | - | $6.01 | $0.13 | 45.7x | +45% |
| FY2014 Q4 | Dec 31 2014 | $8.56 | $0.18 | 46.4x | +47% |
| FY2012 Q3 | Sep 30 2012 | $7.70 | $0.07 | 110.2x | +249% |
| FY2012 Q2 | Jun 30 2012 | $7.12 | $0.25 | 28.5x | -10% |
| FY2012 Q1 | Mar 31 2012 | $7.22 | $0.26 | 27.8x | -12% |
| FY2011 Q4 | Dec 31 2011 | $5.56 | $0.28 | 19.9x | -37% |
| FY2011 Q3 | Sep 30 2011 | $4.07 | $0.28 | 14.5x | -54% |
| FY2011 Q2 | - | $5.58 | $0.32 | 17.4x | -45% |
| FY2011 Q1 | - | $7.63 | $0.47 | 16.2x | -49% |
| FY2010 Q4 | Dec 31 2010 | $7.37 | $0.59 | 12.5x | -60% |
| FY2010 Q3 | - | $5.81 | $0.49 | 11.9x | -62% |
| FY2010 Q2 | Jun 30 2010 | $6.00 | $0.39 | 15.5x | -51% |
| FY2010 Q1 | Mar 31 2010 | $5.25 | $0.34 | 15.6x | -51% |
| FY2009 Q4 | - | $6.48 | $0.30 | 21.8x | -31% |
| FY2009 Q3 | Sep 30 2009 | $6.98 | $0.31 | 22.4x | -29% |
| FY2009 Q2 | - | $4.78 | $0.30 | 15.9x | -50% |
| FY2009 Q1 | - | $3.01 | $0.22 | 13.6x | -57% |
| FY2008 Q4 | Dec 31 2008 | $4.15 | $0.08 | 51.2x | +62% |
| FY2008 Q3 | - | $6.31 | $0.11 | 55.2x | +75% |
| FY2008 Q2 | Jun 30 2008 | $6.11 | $0.10 | 58.6x | +86% |
| FY2008 Q1 | Mar 31 2008 | $5.17 | $0.08 | 61.3x | +94% |
| FY2007 Q4 | Dec 31 2007 | $8.72 | $0.12 | 70.0x | +122% |
| FY2007 Q3 | Sep 30 2007 | $8.76 | $0.10 | 86.1x | +173% |
| FY2007 Q2 | Jun 30 2007 | $9.46 | $0.07 | 127.5x | +304% |
| FY2007 Q1 | Mar 31 2007 | $6.89 | $0.10 | 70.4x | +123% |
| FY2006 Q4 | Dec 31 2006 | $6.45 | $0.05 | 128.2x | +306% |
Average P/E for displayed period: 31.5x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
20+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GLDD — Frequently Asked Questions
Quick answers to the most common questions about buying GLDD stock.
What is GLDD's P/E ratio?
Great Lakes Dredge & Dock Corporation (GLDD) trailing twelve-month P/E ratio is 15.7x, based on TTM diluted EPS of $1.08. The 5-year average P/E is 16.7x and the historical range spans 8.1x to 36.4x.
Is GLDD stock overvalued or undervalued?
GLDD trades at 15.7x P/E, near its 5-year average of 16.7x. The 60th percentile ranking within the 8.1x–36.4x historical range places valuation within normal bounds.
Is GLDD stock expensive?
GLDD is fairly valued relative to its own history. The current P/E of 15.7x is near the 5-year average of 16.7x (60th percentile of historical range).
What is GLDD's historical P/E range?
Over the past 5 years, GLDD's P/E ratio has ranged from 8.1x to 36.4x, with a median of 13.5x and an average of 16.7x. The current P/E of 15.7x places the stock at the 60th percentile of this range. Full historical data spans 2006–2025.
How does GLDD's P/E compare to the S&P 500?
GLDD trades at 15.7x P/E versus the S&P 500 median of 24.4x. The 36% discount to the market suggests lower growth expectations or perceived higher risk.
How does GLDD's valuation compare to Industrials peers?
Great Lakes Dredge & Dock Corporation P/E of 15.7x compares to the Industrials sector median of 25.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is GLDD's PEG ratio?
GLDD PEG ratio is 10.15, based on a P/E of 15.7x and EPS growth of 28.6%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is GLDD's earnings yield?
GLDD earnings yield is 6.35%, the inverse of its 15.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.