GRMN PEG Ratio Analysis

The PEG ratio divides a stock’s price-to-earnings multiple by its expected earnings growth rate, so a 0.75x value suggests Garmin’s price is low relative to its projected growth.

Compared to sector peers, the current 0.75x sits below the sector median of 0.80x, and at the 49th percentile, meaning roughly half of peers have lower PEG ratios. The trend data are limited: the year-over-year change is N/A, while the quarter-over-quarter change is -42.7%, driven by a move from 1.31x to 0.75x in the most recent reading. A PEG below 1.0 combined with a sharp quarterly decline points to improving growth expectations or a falling price, but the near-median percentile tempers any outsized opportunity. This metric supports the overall NEUTRAL verdict, as the ratio is modestly favorable but not extreme, and the missing year-over-year comparison leaves the trend only partially defined.

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