GTES Historical PE Ratio Notes

— Gates Industrial Corp (ticker: GTES) is a global manufacturer specializing in highly engineered power transmission & fluid power solutions. Its products, such as belts, hoses, and other rubber-based components, are critical for industrial machinery and vehicles across diverse sectors including automotive, manufacturing, energy, and construction. This essential, yet cyclical, nature of its business means GTES's financial results—and thus its earnings—are closely tied to broader economic trends, demand cycles, and industrial production. When preparing to review GTES's historical P/E ratio, it's important to recognize that fluctuations in earnings, which may result from changes in global industrial activity or commodity prices, can significantly impact this metric. During periods of strong economic growth, GTES may command a higher P/E ratio as earnings expectations rise, while downturns or sector-specific slowdowns can depress earnings, causing the P/E ratio to spike if prices don't fall as quickly. Furthermore, the company's dependence on global supply chains, raw material costs, and innovation in its product lines also influence investor sentiment and, thereby, the historical valuations assigned by the market. Understanding these fundamentals will help contextualize the trends seen in GTES's historical price, earnings, and P/E ratio data.

On this page we presented the Gates Industrial Corp Historical PE Ratio information for Gates Industrial Corp' stock. The average GTES historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 15.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average GTES historical PE based on this TTM earnings result method is 13.4.

Let's now compare this GTES historical PE result, against the recent PE: when this page was posted on 5/8/2026, the most recent closing price for GTES had been 26.09, and the most recent quarterly earnings result, annualized, was 1.4. Meanwhile, the most recent TTM earnings summed to 1.51. From these numbers, we calculate the recent GTES PE on 5/8/2026 based on annualized quarterly EPS was 18.6. Based on GTES's history, that recent PE is elevated relative to the historical average, with the recent PE 20.8% higher than the historical average PE across our data set for Gates Industrial Corp. Looking at the recent GTES PE on 5/8/2026 based on TTM EPS, we calculate the ratio at 17.3. Based on GTES's history, that recent PE is elevated relative to the historical average, with the recent PE 29.1% higher than the historical average PE across our Gates Industrial Corp data set with TTM EPS used in the calculation at each period.

Another interesting GTES historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for GTES, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for GTES, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.35, 0.38, 0.39, and 0.39. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.38 and 0.39 — which gives us the median of 0.39. Basically the way to think about this 0.39 number is this: for the trailing four earnings reports, 0.39 marks the "middle ground" number where GTES has reported a value higher than 0.39 half the time, and has reported a value lower than 0.39 half the time. Annualizing that median value then gets us to 1.56/share, which we use as the denominator in our next PE calculation. With 26.09 as the numerator (as of 5/8/2026), the calculation is then 26.09 / 1.56 = 16.7 as the GTES PE ratio as of 5/8/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on GTES or any other given stock, valuation analysis for GTES can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Gates Industrial Corp PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for GTES. Thanks for visiting, and the next time you need to research GTES Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.