According to AutoNation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.47244. At the end of 2022 the company had a P/E ratio of 4.40.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.40 | -29.48% |
2021 | 6.24 | -60.84% |
2020 | 15.9 | 63.17% |
2019 | 9.77 | 19.39% |
2018 | 8.18 | -28.41% |
2017 | 11.4 | -1.76% |
2016 | 11.6 | -23.55% |
2015 | 15.2 | -9.89% |
2014 | 16.9 | 4.99% |
2013 | 16.1 | 4.07% |
2012 | 15.5 | -17.37% |
2011 | 18.7 | -4.51% |
2010 | 19.6 | 14.09% |
2009 | 17.2 | -1326.99% |
2008 | -1.40 | -112.6% |
2007 | 11.1 | -26.55% |
2006 | 15.1 | 31.51% |
2005 | 11.5 | -3.64% |
2004 | 11.9 | 11.07% |
2003 | 10.7 | 3.49% |
2002 | 10.4 | -41.07% |
2001 | 17.6 |
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.