P/E ratio for Genuine Parts Company (GPC)
P/E ratio as of June 2023 (TTM): 17.4
According to Genuine Parts Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.446. At the end of 2021 the company had a P/E ratio of 22.4.
P/E ratio history for Genuine Parts Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.4 | -73.5% |
| 2020 | 84.4 | 238.44% |
| 2019 | 24.9 | 43.62% |
| 2018 | 17.4 | -23.43% |
| 2017 | 22.7 | 9.41% |
| 2016 | 20.7 | 11.96% |
| 2015 | 18.5 | -19.41% |
| 2014 | 23.0 | 22.31% |
| 2013 | 18.8 | 22.87% |
| 2012 | 15.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 8.13 | -53.41% | 🇺🇸 USA |
 LKQ Corporation LKQ | 13.0 | -25.55% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 25.6 | 46.93% | 🇺🇸 USA |
 Snap-on SNA | 14.7 | -16.02% | 🇺🇸 USA |
 CarParts.com
PRTS | 35.5 | 103.25% | 🇺🇸 USA |
 Dorman Products DORM | 29.0 | 66.03% | 🇺🇸 USA |
 Standard Motor Products (SMP) SMP | 16.8 | -3.59% | 🇺🇸 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.