P/E ratio for AutoZone (AZO)
P/E ratio as of April 2024 (TTM): 20.7
According to AutoZone's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6829. At the end of 2021 the company had a P/E ratio of 19.9.
P/E ratio history for AutoZone from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 19.9 | 30.77% |
| 2020 | 15.2 | |
| 2016 | 18.5 | -5.67% |
| 2015 | 19.6 | 5.22% |
| 2014 | 18.6 | 13.81% |
| 2013 | 16.4 | 14.64% |
| 2012 | 14.3 | -7.96% |
| 2011 | 15.5 | -7.33% |
| 2010 | 16.7 | 32.56% |
| 2009 | 12.6 | -6.38% |
| 2008 | 13.5 | 0.24% |
| 2007 | 13.4 | -9.15% |
| 2006 | 14.8 | 16.6% |
| 2005 | 12.7 | 1.32% |
| 2004 | 12.5 | -9.53% |
| 2003 | 13.8 | -13.98% |
| 2002 | 16.1 | -57.64% |
| 2001 | 38.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 13.3 | -35.76% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 29.0 | 40.28% | 🇺🇸 USA |
 CarParts.com
PRTS | -8.60 | -141.58% | 🇺🇸 USA |
 Monro MNRO | 27.0 | 30.36% | 🇺🇸 USA |
 MarineMax HZO | 5.34 | -74.20% | 🇺🇸 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.