Is the price fair?
What GRMN's price assumes
Garmin trades at 32.3× earnings against 34.2× for the median Scientific & Technical Instruments name, cheaper than its own group.
32.3
Trailing P/E · Scientific & Technical Instruments median 34.2 · cheaper than the typical name in its group
- Price / sales
- 5.94
Price / sales · as of 2026-Q1
- Free cash flow yield
- 3.2%
Free cash flow yield · Scientific & Technical Instruments median 4.1%
- Growth the price implies
- +11%
Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered +31% a year over the last three.
Details›
- Price / book2026-Q1
- 4.78
- Technology median P/E376 names
- 37.0
- Scientific & Technical Instruments median P/E16 names
- 34.2
- Free cash flow, trailing twelve months
- $1.45B
- Market capitalisation
- $45.2B
- 3-year revenue growth
- +16%
- 3-year free cash flow growth
- +31%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $140.55 |
| Its own P/E history, median | $159.21 |
| Its own P/E history, upper quartile | $188.34 |
| 52-week range | $184.77 – $313.03 |
| Today | $289.06 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Scientific & Technical Instruments
Ranks #6 of 16 by Smart Score