Garmin forward PE GRMN

Share price divided by analysts' consensus earnings for the next twelve months, since 2000.

Today, Oct 23, 2026: 28.5×
10-year median: 22.9×
Against its 10-year history: 91st; percentile: 0 is its lowest day, 100 its highest
10-year range: 16.6× to 33.4×
Peer median: 23.5×

Garmin's forward PE is 28.5× as of Oct 23, 2026.

That is above its ten-year median of 22.9×, higher than on 91% of days in the last ten years.

Over that time it ranged from 16.6× in Oct 2022 to 33.4× in Sep 2021.

The median for 10 electronic components stocks of a similar size is 23.5×.

Forward PE over time

median 22.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	28.5×	22.6×	30.2×
2025	23.0×	21.5×	30.1×
2024	27.5×	22.6×	28.7×
2023	24.1×	18.5×	24.1×
2022	18.7×	16.6×	25.8×
2021	26.5×	23.7×	33.4×
2020	24.7×	18.2×	30.5×
2019	30.2×	18.3×	30.2×
2018	18.1×	17.7×	23.3×
2017	21.3×	19.3×	22.5×
2016	21.5×	15.9×	24.7×
2015	18.2×	16.3×	20.7×
2014	19.1×	17.3×	22.0×
2013	18.8×	15.9×	21.2×
2012	17.9×	14.6×	19.8×
2011	17.2×	12.3×	17.3×
2010	12.4×	9.7×	14.3×
2009	10.9×	5.7×	14.0×
2008	7.3×	6.0×	26.4×
2007	29.6×	19.3×	36.3×

Against its peers

Companies in Hardware, Equipment & Parts nearest Garmin's size, closest first, today.

Company	Forward PE
GRMNGarmin	28.5×
KEYSKeysight Technologies	23.5×
COHRCoherent	22.3×
GLWCorning	33.0×
CLSCelestica	n/m
TDYTeledyne Technologies	24.5×
JBLJabil	15.5×
FLEXFlex	14.7×
FTVFortive	n/m
APHAmphenol	24.9×
MKSIMKS	n/m
Peer median	23.5×

Where Garmin ranks

#62of 95Technology stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Garmin

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.