SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Garmin Ltd. (GRMN) trades at a trailing P/E of 29.4, forward P/E of 28.2. Trailing earnings yield is 3.40%, forward earnings yield 3.55%. PEG 1.66. Graham Number is $95.29.
Criteria proven by this page:
- VALUE (30/100, Fail) — the composite valuation score falls below the 60/100 threshold required to pass.
- Forward P/E 28.2 (down from trailing 29.4) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 1.66 — between 1.0–2.0 indicates moderate valuation relative to growth.
- Trailing Earnings Yield 3.40% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 3.55% as earnings recover.
- Analyst consensus target $270.67 (+2.3% upside) — modest upside expected.
Overall SharesGrow Score: 71/100 with 5/7 criteria passed.
SharesGrow 7-Criteria Score
✗
VALUE
30/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — GRMN
Valuation Multiples
P/E (TTM)29.4
Forward P/E28.2
PEG Ratio1.66
Forward PEG3.03
P/B Ratio5.45
P/S Ratio6.75
EV/EBITDA22.1
Per Share Data
EPS (TTM)$8.65
Forward EPS (Est.)$9.39
Book Value / Share$46.65
Revenue / Share$37.67
FCF / Share$7.09
Yields & Fair Value
Earnings Yield3.40%
Forward Earnings Yield3.55%
Dividend Yield1.42%
Graham Number$95.29
SharesGrow IV$218.99 (-17.2%)
Analyst Target$270.67 (+2.3%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
17.9 |
1.34 |
2.68 |
3.03 |
5.26% |
| 2017 |
16.1 |
0.44 |
2.94 |
3.62 |
3.42% |
| 2018 |
17.2 |
-31.84 |
2.87 |
3.57 |
2.48% |
| 2019 |
19.5 |
0.54 |
3.87 |
4.93 |
2.25% |
| 2020 |
23.0 |
6.41 |
4.15 |
5.46 |
1.97% |
| 2021 |
24.2 |
2.85 |
4.28 |
5.25 |
1.88% |
| 2022 |
18.3 |
-1.80 |
2.86 |
3.66 |
3.82% |
| 2023 |
19.1 |
0.57 |
3.51 |
4.71 |
2.27% |
| 2024 |
28.5 |
3.15 |
5.13 |
6.39 |
1.42% |
| 2025 |
23.8 |
1.34 |
4.41 |
5.46 |
1.68% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2019 |
$4.99 |
$3.76B |
$952.49M |
25.3% |
| 2020 |
$5.17 |
$4.19B |
$992.32M |
23.7% |
| 2020 |
$5.17 |
$4.19B |
$992.32M |
23.7% |
| 2021 |
$5.61 |
$4.98B |
$1.08B |
21.7% |
| 2021 |
$5.61 |
$4.98B |
$1.08B |
21.7% |
| 2022 |
$5.04 |
$4.86B |
$973.59M |
20% |
| 2023 |
$6.71 |
$5.23B |
$1.29B |
24.7% |
| 2023 |
$6.71 |
$5.23B |
$1.29B |
24.7% |
| 2024 |
$7.30 |
$6.3B |
$1.41B |
22.4% |
| 2025 |
$8.59 |
$7.25B |
$1.66B |
23% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$9.39 |
$9.34 – $9.49 |
$7.99B |
$7.94B – $8.14B |
5 |
| 2027 |
$10.16 |
$9.81 – $10.56 |
$8.74B |
$8.53B – $9.16B |
5 |
| 2028 |
$11.38 |
$11.11 – $11.86 |
$9.93B |
$9.72B – $10.13B |
1 |
