Gates Industrial Corporation plc (GTES) P/E Ratio History
ExpensiveTrading at 29.3x vs 5Y avg 19.9x · 90th percentile · Material premium to history · Data 2018–2026
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P/E Ratio Analysis
The current P/E is 47% above its 5-year average of 19.9x. Over the past five years, GTES's P/E has ranged from a low of 12.7x to a high of 29.9x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, GTES is roughly in line with its sector peers. The sector includes 404 companies with P/E ratios ranging from 0.1x to 198.8x.
The PEG ratio of 1.01 (P/E divided by 30% EPS growth) suggests a fair valuation 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, GTES trades roughly in line with 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 GTES 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.
GTES Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
GTES P/E vs Peers
Motors, drives and motion control peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 33.4 | - | +784%Best | |
| $11B | 27.0 | 1.69 | -6% | |
| $5B | 26.5Lowest | 7.92 | -15% | |
| $120B | 35.2 | 1.47 | +24% | |
| $18B | 32.2 | 0.66Best | -3% | |
| $20B | 70.3 | 3.43 | +18% | |
| $6B | 28.5 | 3.93 | -14% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
GTES Historical P/E Data (2018–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Mar 28 2026 | $22.11 | $0.74 | 29.9x | +40% |
| FY2025 Q4 | Dec 31 2025 | $21.47 | $0.98 | 21.9x | +3% |
| FY2025 Q3 | Sep 27 2025 | $24.90 | $0.92 | 27.1x | +27% |
| FY2025 Q2 | Jun 28 2025 | $23.13 | $0.78 | 29.7x | +39% |
| FY2025 Q1 | Mar 29 2025 | $18.42 | $0.83 | 22.2x | +4% |
| FY2024 Q4 | - | $20.57 | $0.74 | 27.8x | +31% |
| FY2024 Q3 | Sep 28 2024 | $17.84 | $0.84 | 21.2x | -0% |
| FY2024 Q2 | Jun 29 2024 | $15.81 | $0.95 | 16.6x | -22% |
| FY2024 Q1 | Mar 30 2024 | $17.71 | $0.91 | 19.5x | -9% |
| FY2023 Q4 | Dec 31 2023 | $13.42 | $0.85 | 15.7x | -26% |
| FY2023 Q3 | Sep 30 2023 | $11.61 | $0.91 | 12.7x | -40% |
| FY2023 Q2 | Jul 01 2023 | $13.48 | $0.80 | 16.8x | -21% |
| FY2023 Q1 | Apr 01 2023 | $13.89 | $0.76 | 18.2x | -14% |
| FY2022 Q4 | Dec 31 2022 | $11.41 | $0.77 | 14.8x | -30% |
| FY2022 Q3 | Oct 01 2022 | $9.76 | $0.68 | 14.4x | -33% |
| FY2022 Q2 | Jul 02 2022 | $10.98 | $0.73 | 15.0x | -29% |
| FY2022 Q1 | Apr 02 2022 | $14.86 | $0.87 | 17.1x | -20% |
| FY2021 Q4 | Dec 31 2021 | $15.91 | $1.00 | 15.9x | -25% |
| FY2021 Q3 | Oct 02 2021 | $16.68 | $0.87 | 19.2x | -10% |
| FY2021 Q2 | Jul 03 2021 | $17.89 | $0.78 | 22.9x | +8% |
| FY2021 Q1 | Apr 03 2021 | $16.35 | $0.37 | 43.8x | +106% |
| FY2020 Q4 | - | $12.76 | $0.26 | 48.5x | +128% |
| FY2020 Q3 | Sep 26 2020 | $10.82 | $0.25 | 43.4x | +104% |
| FY2020 Q2 | Jun 27 2020 | $9.86 | $0.23 | 43.0x | +102% |
| FY2020 Q1 | Mar 28 2020 | $7.45 | $0.38 | 19.6x | -8% |
| FY2019 Q4 | - | $13.76 | $2.34 | 5.9x | -72% |
| FY2019 Q3 | Sep 28 2019 | $9.99 | $2.53 | 3.9x | -81% |
| FY2019 Q2 | Jun 29 2019 | $11.41 | $2.61 | 4.4x | -79% |
| FY2019 Q1 | Mar 30 2019 | $14.34 | $2.83 | 5.1x | -76% |
| FY2018 Q4 | Dec 31 2018 | $13.24 | $0.84 | 15.9x | -26% |
| FY2018 Q3 | Sep 29 2018 | $19.50 | $1.00 | 19.6x | -8% |
| FY2018 Q2 | Jun 30 2018 | $16.27 | $0.84 | 19.3x | -9% |
| FY2018 Q1 | Mar 31 2018 | $17.51 | $0.55 | 31.6x | +49% |
Average P/E for displayed period: 21.3x
Intrinsic Valuation
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Historical Returns
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
GTES — Frequently Asked Questions
Quick answers to the most common questions about buying GTES stock.
What is GTES's P/E ratio?
Gates Industrial Corporation plc (GTES) trailing twelve-month P/E ratio is 29.3x, based on TTM diluted EPS of N/A. The 5-year average P/E is 19.9x and the historical range spans 12.7x to 29.9x.
Is GTES stock overvalued or undervalued?
GTES trades at 29.3x P/E, above its 5-year average of 19.9x. The 90th percentile ranking within the 12.7x–29.9x historical range indicates a premium to historical valuation.
Is GTES stock expensive?
Yes, GTES is expensive relative to its own history. The current P/E of 29.3x is above the 5-year average of 19.9x and also above the Industrials sector median of 25.5x. The stock sits at the 90th percentile of its 5-year valuation range.
What is GTES's historical P/E range?
Over the past 5 years, GTES's P/E ratio has ranged from 12.7x to 29.9x, with a median of 19.2x and an average of 19.9x. The current P/E of 29.3x places the stock at the 90th percentile of this range. Full historical data spans 2018–2026.
How does GTES's P/E compare to the S&P 500?
GTES trades at 29.3x P/E versus the S&P 500 median of 24.4x. The 20% premium to the market typically reflects higher expected earnings growth or quality.
How does GTES's valuation compare to Industrials peers?
Gates Industrial Corporation plc P/E of 29.3x compares to the Industrials sector median of 25.5x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is GTES's PEG ratio?
GTES PEG ratio is 1.01, based on a P/E of 29.3x and EPS growth of 29.7%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.
What is GTES's earnings yield?
GTES earnings yield is 3.42%, the inverse of its 29.3x 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.