P/E ratio for CarParts.com (PRTS)
P/E ratio as of September 2023 (TTM): -31.4
According to CarParts.com 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -31.3846. At the end of 2017 the company had a P/E ratio of 3.71.
P/E ratio history for CarParts.com from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 3.71 | |
| 2013 | -5.17 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 98.4 | -413.60% | 🇺🇸 USA |
 Advance Auto Parts
AAP | 9.48 | -130.20% | 🇺🇸 USA |
 AutoZone AZO | 20.6 | -165.61% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 16.6 | -153.02% | 🇺🇸 USA |
 LKQ Corporation LKQ | 13.2 | -142.09% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.2 | -180.35% | 🇺🇸 USA |
 Stamps.com
STMP | N/A | N/A | 🇺🇸 USA |
 Overstock.com
OSTK | -5.29 | -83.16% | 🇺🇸 USA |
 MarineMax HZO | 5.31 | -116.93% | 🇺🇸 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.