P/E ratio for Gentex (GNTX)
P/E ratio as of September 2023 (TTM): 20.4
According to Gentex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3567. At the end of 2021 the company had a P/E ratio of 23.1.
P/E ratio history for Gentex from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.1 | -3.41% |
| 2020 | 23.9 | 36.04% |
| 2019 | 17.6 | 41.66% |
| 2018 | 12.4 | -15.37% |
| 2017 | 14.7 | -9.97% |
| 2016 | 16.3 | 9.77% |
| 2015 | 14.8 | -18.76% |
| 2014 | 18.2 | -14.24% |
| 2013 | 21.3 | 32.07% |
| 2012 | 16.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 38.2 | 87.70% | 🇺🇸 USA |
 Johnson Controls
JCI | 18.4 | -9.70% | 🇮🇪 Ireland |
 Visteon VC | 29.5 | 45.02% | 🇺🇸 USA |
 Gentherm THRM | 154 | 654.87% | 🇺🇸 USA |
 Dorman Products DORM | 26.8 | 31.54% | 🇺🇸 USA |
 Magna International MGA | 16.4 | -19.40% | 🇨🇦 Canada |
 Lear Corporation
LEA | 15.1 | -26.00% | 🇺🇸 USA |
 Federal Signal FSS | 26.7 | 31.03% | 🇺🇸 USA |
 Autoliv ALV | 21.4 | 4.89% | 🇸🇪 Sweden |
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.