General Dynamics Corporation GD

336.72 0.43 0.13% as of 25 Sep
Market cap
$91.2B
P/E
20.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

General Dynamics Corporation (GD) P/B ratio

As of 25 September 2026, General Dynamics Corporation (GD) trades at a P/B ratio of 3.4×. Over the past ten years it has ranged from 2.2× (March 2020) to 6.0× (March 2018); the current reading is higher than 23% of that period. That is in line with the Aerospace & Defense industry median of 3.2× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 3.5× 8.10%
FY2024 3.3× (1.38%)
FY2023 3.3× (10.03%)
FY2022 3.7× 11.23%
FY2021 3.3× 21.54%
FY2020 2.7× (25.04%)
FY2019 3.6× (8.07%)
FY2018 4.0× (24.57%)
FY2017 5.2× 1.07%
FY2016 5.2× 26.27%

Quarterly

Period P/B ratio Change
Jun 2026 3.6× 0.33%
Mar 2026 3.6× 0.57%
Dec 2025 3.5× (5.90%)
Sep 2025 3.8× 13.29%
42 more quarters

Against its own ten years

Low 2.2× High 6.0×
Ten-year median 3.7×
Current reading's percentile 23

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc compare 2.2×
GD General Dynamics Corporation 3.4×
NOC Northrop Grumman Corporation compare 4.1×
HEI Heico Corporation compare 8.6×
RKLB Rocket Lab Corporation compare 13.3×
LMT Lockheed Martin Corporation compare 13.6×
HWM Howmet Aerospace Inc. compare 16.2×
BA The Boeing Company compare 25.6×
Aerospace & Defense industry median 3.2×
Industrials sector median 2.4×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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