Garmin Ltd. GRMN

294.14 (0.90) (0.31%) as of 25 Sep
Market cap
$57.3B
P/E
30.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Garmin Ltd. (GRMN) P/S ratio

As of 25 September 2026, Garmin Ltd. (GRMN) trades at a P/S ratio of 7.4×. Over the past ten years it has ranged from 2.2× (October 2015) to 7.9× (August 2026); the current reading is higher than 99% of that period. That is above the Scientific & Technical Instruments industry median of 4.5× and above the Technology sector median of 2.9×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 5.4× (14.35%)
FY2024 6.3× 35.79%
FY2023 4.6× 24.99%
FY2022 3.7× (29.42%)
FY2021 5.3× (3.84%)
FY2020 5.5× 10.75%
FY2019 4.9× 38.20%
FY2018 3.6× (0.40%)
FY2017 3.6× 17.49%
FY2016 3.0× 21.37%

Quarterly

Period P/S ratio Change
Jun 2026 6.0× (0.30%)
Mar 2026 6.0× 11.15%
Dec 2025 5.4× (21.05%)
Sep 2025 6.8× 14.79%
42 more quarters

Against its own ten years

Low 2.2× High 7.9×
Ten-year median 4.2×
Current reading's percentile 99

P/S ratio against peers

Company P/S ratio
TRMB Trimble Inc. compare 3.6×
FTV Fortive Corporation compare 4.0×
MKSI MKS Inc. compare 4.1×
TDY Teledyne Technologies Incorporated compare 4.5×
ESE ESCO Technologies Inc. compare 5.4×
COHR Coherent Corp. compare 7.4×
GRMN Garmin Ltd. 7.4×
CGNX Cognex Corporation compare 9.0×
KEYS Keysight Technologies Inc. compare 9.4×
Scientific & Technical Instruments industry median 4.5×
Technology sector median 2.9×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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