P/E ratio for CarParts.com (PRTS)
P/E ratio as of June 2024 (TTM): -7.40
According to CarParts.com 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.4. At the end of 2022 the company had a P/E ratio of -313.
P/E ratio history for CarParts.com from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -313 | 486.88% |
| 2021 | -53.3 | -78.48% |
| 2020 | -248 | 9924.64% |
| 2019 | -2.47 | -64.69% |
| 2018 | -7.00 | -288.89% |
| 2017 | 3.71 | -95.79% |
| 2016 | 88.0 | -156.11% |
| 2015 | -157 | 1334.13% |
| 2014 | -10.9 | 111.66% |
| 2013 | -5.17 | 233.15% |
| 2012 | -1.55 | -82.61% |
| 2011 | -8.92 | -51.16% |
| 2010 | -18.3 | -117.56% |
| 2009 | 104 | -4364.75% |
| 2008 | -2.44 | -96.09% |
| 2007 | -62.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 91.5 | -1,336.35% | 🇺🇸 USA |
 Advance Auto Parts
AAP | 11.5 | -255.74% | 🇺🇸 USA |
 AutoZone AZO | 19.3 | -360.64% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 15.8 | -313.60% | 🇺🇸 USA |
 LKQ Corporation LKQ | 11.7 | -258.68% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.4 | -443.14% | 🇺🇸 USA |
 Stamps.com
STMP | N/A | N/A | 🇺🇸 USA |
 Overstock.com
OSTK | -4.67 | -36.84% | 🇺🇸 USA |
 MarineMax HZO | 5.56 | -175.16% | 🇺🇸 USA |
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.