P/E ratio as of September 2024 (TTM): 67.4
According to Tesla's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.393.At the end of 2022 the company had a P/E ratio of 30.6.
P/E ratio history for Tesla from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|
| 2022 | 30.6 | -83.95% |
| 2021 | 190 | -80.3% |
| 2020 | 967 | -1262.32% |
| 2019 | -83.2 | 44.44% |
| 2018 | -57.6 | 118.03% |
| 2017 | -26.4 | -40.06% |
| 2016 | -44.1 | 26.48% |
| 2015 | -34.8 | -63.04% |
| 2014 | -94.2 | -61.79% |
| 2013 | -247 | 2594.01% |
| 2012 | -9.15 | -19.23% |
| 2011 | -11.3 | 167.19% |
| 2010 | -4.24 | |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
| 33.8 | -49.84% | 🇺🇸 USA |
| -2.12 | -103.15% | 🇺🇸 USA |
| -2.73 | -104.06% | 🇺🇸 USA |
| -2.93 | -104.34% | 🇨🇳 China |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.
FAQs
According to Tesla's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.5337. At the end of 2022 the company had a P/E ratio of 30.6.
What is a good PE ratio for Tesla? ›
Therefore, Tesla's PE Ratio (TTM) for today is 59.15. During the past 13 years, the highest PE Ratio (TTM) of Tesla was 1396.86. The lowest was 31.23. And the median was 97.80.
What is the forward PE of tsla? ›
What is Tesla Forward PE Ratio? Tesla's Forward PE Ratio for today is 71.93. Tesla's PE Ratio without NRI for today is 101.23.
What is the current PS ratio of Tesla? ›
According to Tesla's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 7.06274. At the end of 2024 the company had a P/S ratio of 6.62.
What is the price book ratio for TSLA? ›
Tesla (TSLA) PB Ratio : 11.07 (As of Sep. 14, 2024)
What is Tesla's PE ratio for 5 years? ›
TSLA PE ratio history
The average historical PE ratio of Tesla for the last five years is 242.17. The current P/E ratio of 58.9 is 76% lower than the historical average. Looking back at the last five years, TSLA's PE ratio peaked in the Dec 2020 quarter at 940.89, when the price was $235.22 and the EPS was $0.25.
What is the apple PE ratio? ›
As of today (2024-09-08), Apple's share price is $220.86. Apple's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $6.57. Therefore, Apple's PE Ratio (TTM) for today is 33.62.
What is the 5 year return on Tesla? ›
The total return for Tesla (TSLA) stock is -20.95% over the past 12 months. So far it's down 12.96% this year. The 5-year total return is 1,299.57%, meaning $100 invested in TSLA stock 5 years ago would be worth $1,399.57 today. Total return includes price appreciation plus reinvesting any dividends paid out.
What's a good PE ratio? ›
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.
What is Amazon's PE ratio? ›
The PE ratio for Amazon Com stock stands at 43.67 as of Sep 13, 2024. This is calculated based on the TTM EPS of $4.27 and the stock price of $186.49 per share.
Tesla has a current ratio of 1.91. It generally indicates good short-term financial strength.
What is a good EV ratio? ›
Typically, when evaluating a company, an EV/EBITDA value below 10 is seen as healthy. It's best to use the EV/EBITDA metric when comparing companies within the same industry or sector.
What is the book value of Tesla in 2024? ›
Tesla's current price is $210.57. Its book value per share for the quarter that ended in Jun. 2024 was $20.81. Hence, today's PB Ratio of Tesla is 10.12.
What is Tesla's debt ratio? ›
The debt to equity ratio for Tesla (TSLA) stock today is 0.12. It's worsened by 41.74% from its 12-month average of 0.08.
What is a bad price-to-book ratio? ›
A P/B ratio that's greater than one suggests that the stock price is trading at a premium to the company's book value. For example, if a company has a price-to-book value of three, it means that its stock is trading at three times its book value. As a result, the stock price could be overvalued relative to its assets.
What should be the best PE ratio? ›
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio.
Is 70 a good PE ratio? ›
This is because you cannot compare P/E Ratios as absolute values since every industry has a different benchmark. For example, in the FMCG industry, the normal P/E Ratio is around 40-50. Let's look at two FMCG companies: Hindustan Unilever Ltd (HUL) has a P/E ratio of >70.
What is a good EV earnings ratio? ›
The EV/EBITDA Multiple
It's ideal for analysts and investors looking to compare companies within the same industry. The enterprise-value-to-EBITDA ratio is calculated by dividing EV by EBITDA or earnings before interest, taxes, depreciation, and amortization. Typically, EV/EBITDA values below 10 are seen as healthy.
