P/E ratio for Gentex (GNTX)

P/E ratio history for Gentex from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Autoliv ALV	19.3	13.01%	🇸🇪 Sweden
Johnson Controls JCI	27.0	57.67%	🇮🇪 Ireland
Lear Corporation LEA	10.00	-41.50%	🇺🇸 USA
Magna International MGA	13.1	-23.65%	🇨🇦 Canada
Visteon VC	16.0	-6.49%	🇺🇸 USA
Federal Signal FSS	42.3	147.74%	🇺🇸 USA
Gentherm THRM	72.2	322.51%	🇺🇸 USA
Cintas CTAS	13.9	-18.50%	🇺🇸 USA
Dorman Products DORM	43.0	151.84%	🇺🇸 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.