P/E ratio for OPENLANE Corporate (KAR)
P/E ratio as of March 2025 (TTM): -12.5
According to OPENLANE Corporate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.515. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for OPENLANE Corporate from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -86.3% |
| 2021 | 78.1 | -196.52% |
| 2020 | -80.9 | -627.29% |
| 2019 | 15.3 | 107.3% |
| 2018 | 7.40 | 3.38% |
| 2017 | 7.16 | -28.54% |
| 2016 | 10.0 | 9.38% |
| 2015 | 9.16 | -15.48% |
| 2014 | 10.8 | -53.48% |
| 2013 | 23.3 | 106.83% |
| 2012 | 11.3 | 16.85% |
| 2011 | 9.64 | -4.02% |
| 2010 | 10.0 | -48.04% |
| 2009 | 19.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 42.5 | -439.98% | 🇺🇸 USA |
 | 27.5 | -319.71% | 🇺🇸 USA |
 | 8.10 | -164.70% | 🇺🇸 USA |
 | 26.2 | -309.35% | 🇺🇸 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.