Garmin (GRMN) has a P/E ratio of 28.99, below the Industrials sector average of 29.15.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, GRMN shows a P/E ratio of 28.99. That is below the Industrials sector average of 29.15. Scroll down for historical charts and peer comparison views.
The Industrials sector average P/E ratio is about 29.15. Garmin is at 28.99, which is lower that average. That is roughly 0.6% below the sector mean. Use the comparison chart on this page to see how GRMN stacks up against individual peers as well.
Investors watch GRMN's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Garmin's latest reading is 28.99. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Garmin's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 28.99) with ownership activity and broader fundamentals.
The Industrials average P/E ratio is about 29.15, while GRMN is at 28.99. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.