NYSE:GTES (USA) Also Trade In: Germany
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Current and historical daily P/E ratio for GTES (Gates Industrial Corp PLC) from 2018 to Apr 10 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Gates Industrial PLC stock (GTES) PE ratio as of Apr 10 2021 is 65.05. More Details
Gates Industrial PLC PE Ratio (TTM) Historical Data
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Gates Industrial PLC PE Ratio (TTM) Comparison
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1144 Fifteenth Street, Denver, CO, USA, 80202
Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. It offers a portfolio of products to diverse replacement channel customers, and to original equipment manufacturers. The company operates through Power Transmission and Fluid Power segments. The Power Transmission segment includes elastomer drive belts and related components used to efficiently transfer motion in a broad range of applications. The Fluid power segment includes hoses, tubing, and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications. The company markets its products under Gates brand and caters to various industries such as construction, agriculture, energy, automotive, transportation, consumer products and others.