P/E ratio for Dorman Products (DORM)
P/E ratio as of October 2023 (TTM): 27.7
According to Dorman Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7415. At the end of 2021 the company had a P/E ratio of 27.4.
P/E ratio history for Dorman Products from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.4 | 4.29% |
| 2020 | 26.2 | -11.08% |
| 2019 | 29.5 | 32.41% |
| 2018 | 22.3 | 14.02% |
| 2017 | 19.6 | -18.03% |
| 2016 | 23.9 | 30.98% |
| 2015 | 18.2 | -5.8% |
| 2014 | 19.3 | -22.54% |
| 2013 | 25.0 | 38.18% |
| 2012 | 18.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 9.48 | -65.83% | 🇺🇸 USA |
 AutoZone AZO | 20.6 | -25.77% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 16.6 | -40.02% | 🇺🇸 USA |
 LKQ Corporation LKQ | 13.2 | -52.38% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.2 | -9.10% | 🇺🇸 USA |
 Visteon VC | 29.5 | 6.39% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -26.1 | -193.96% | 🇺🇸 USA |
 Standard Motor Products (SMP) SMP | 19.3 | -30.40% | 🇺🇸 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.