P/E ratio for TrueCar (TRUE)
P/E ratio as of March 2025 (TTM): -1.22
According to TrueCar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.21854. At the end of 2022 the company had a P/E ratio of -1.92.
P/E ratio history for TrueCar from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.92 | -78.02% |
| 2021 | -8.72 | -257.75% |
| 2020 | 5.53 | -160.5% |
| 2019 | -9.13 | -71.77% |
| 2018 | -32.4 | 1.12% |
| 2017 | -32.0 | 25.44% |
| 2016 | -25.5 | 108.57% |
| 2015 | -12.2 | -64.23% |
| 2014 | -34.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 7.36 | -703.61% | 🇺🇸 USA |
 | -18.3 | 1,401.31% | 🇺🇸 USA |
 | 26.6 | -2,285.11% | 🇺🇸 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.