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Friday 6 November 2026 Export GTES’s income statement to Excel — free account

Gates Industrial Corporation PLC

GTES Industrials Specialty Industrial Machinery

Gates Industrial Corporation PLC’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 1.03% from fiscal 2024.

Revenue
+5.60%
EPS
+9.68%
Free cash flow
−47.5%
Total debt
−0.07%

Quarter to September 2026, against a year earlier

23.69 0.77 −3.15%
Market cap
$5.9B
P/E
16.3×
Fwd P/E
16.2×
Dividend yield
—
F-score
8/9
Altman Z
2.27
Beneish M
−2.54
Dividend safety
69/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Gates Industrial Corporation PLC (GTES) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Gates Industrial Corporation PLC (GTES) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 0.6× (March 2020) to 3.4× (February 2018); the current reading is higher than 62% of that period. That is below the Specialty Industrial Machinery industry median of 3.0× and below the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× (6.52%)
FY2024 1.6× 55.91%
FY2023 1.0× 7.39%
FY2022 1.0× (28.39%)
FY2021 1.3× 14.43%
FY2020 1.2× (12.15%)
FY2019 1.3× (18.27%)
FY2018 1.6× (48.99%)
FY2017 3.2× 0.00%
FY2016 3.2× 0.00%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.7× (7.73%)
Jun 2026 1.8× 18.31%
Mar 2026 1.5× 3.07%
Dec 2025 1.5× (13.31%)
35 more quarters

Against its own ten years

Low 0.6× High 3.4×
Ten-year median 1.3×
Current reading's percentile 62

P/B ratio against peers

Company P/B ratio
XE X-Energy, Inc. compare 1.2×
JBTM JBT Marel Corporation compare 1.5×
GTES Gates Industrial Corporation PLC 1.5×
MIR Mirion Technologies, Inc. compare 2.3×
MIDD The Middleby Corporation compare 2.7×
FELE Franklin Electric Co., Inc. compare 2.9×
NPO Enpro Inc. compare 3.4×
CSW CSW Industrials, Inc. compare 4.0×
AOS A. O. Smith Corporation compare 4.9×
Specialty Industrial Machinery industry median 3.0×
Industrials sector median 2.2×
Market median 1.7×

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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