P/E ratio for General Motors (GM)
P/E ratio as of September 2023 (TTM): 4.61
According to General Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.60556. At the end of 2021 the company had a P/E ratio of 8.57.
P/E ratio history for General Motors from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.57 | -10.66% |
| 2020 | 9.60 | 21.67% |
| 2019 | 7.89 | 31.54% |
| 2018 | 6.00 | -138.77% |
| 2017 | -15.5 | -371.71% |
| 2016 | 5.69 | 1.32% |
| 2015 | 5.62 | -71.98% |
| 2014 | 20.1 | 33.54% |
| 2013 | 15.0 | 59.79% |
| 2012 | 9.40 | 129.01% |
| 2011 | 4.10 | -65.34% |
| 2010 | 11.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 63.5 | 1,278.77% | 🇺🇸 USA |
 Toyota TM | 11.4 | 147.33% | 🇯🇵 Japan |
 Ford F | 12.2 | 164.77% | 🇺🇸 USA |
 Gentex GNTX | 20.5 | 345.18% | 🇺🇸 USA |
 Tata Motors TATAMOTORS.NS | -29.5 | -740.17% | 🇮🇳 India |
 Honda HMC | 9.42 | 104.59% | 🇯🇵 Japan |
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.