Teledyne Technologies Incorporated (TDY) PEG Ratio
Potentially Overvalued
PE ratio relative to earnings growth — is the valuation justified?
2.84
PEG Ratio
2.84
Growth Rate Source
Good Data Quality5-Year EPS CAGR
Current Price
$677.27
TTM EPS
$20.71
P/E Ratio
32.70
Growth Rate
11.5%
5-Year EPS CAGR
Sector
Technology
Hardware, Equipment & Parts
Calculated
8/18/2026
10:01:20 AM
Peer Comparison
Sample Size
2 peers
Industry Median PEG
20.41
25th Percentile
5.21
75th Percentile
35.61
TDY PEG (2.84) vs Industry Median (20.41): 86% discount
Symbol
Company
PEG
P/E
Growth
vs TDY
TYL
Tyler Technologies, Inc.
5.21
44.2
8.5%
+83%
NOVT
Novanta Inc.
35.61
105.7
3.0%
+1153%
How to Interpret PEG Ratio
PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.
PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."
PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.
Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.