Is Garmin Ltd (GRMN) overvalued? · P/E 28, rev $6.30B
Garmin Ltd (GRMN) is a scientific & technical instruments company listed on US.
This page asks whether Garmin Ltd (GRMN) looks expensive on cached numbers — not a short thesis.
Latest reported GRMN revenue for 2024-12-28 was $6.30B. Net income was $1.41B. Revenue was up 20.4% from 2023-12-30 to 2024-12-28. GRMN currently screens at market cap $41.35B and trailing P/E 28.3.
GRMN currently screens at market cap $41.35B and trailing P/E 28.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next GRMN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the GRMN stock page for the full model, not this heading.
Not investment advice.