Garmin Ltd (GRMN) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices thr...
Garmin Ltd (GRMN) currently trades at a P/E ratio of 32.35 (historical range: 23.05–43.75, median: 28.70), placing it at the 80th percentile — expensive relative to its history, P/S ratio of 7.53 (range: 5.22–8.76, 88th percentile — expensive relative to its history).
Over the historical period (2024-08-30 to 2026-08-28), Garmin Ltd's P/E ratio has contracted by 11% over the observed period (from an average of 31.5 to 27.9).
Garmin Ltd appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 32.35 | 23.05 | 28.70 | 43.75 | 80th | expensive relative to its history |
| P/S Ratio | 7.53 | 5.22 | 6.54 | 8.76 | 88th | expensive relative to its history |
| FCF Yield | 0.01 | 0.01 | 0.02 | 0.04 | 4th | expensive relative to its history |