General Motors
GM
#317
Rank
โ‚น5.293 T
Marketcap
โ‚น4,814
Share price
-1.01%
Change (1 day)
106.21%
Change (1 year)

P/E ratio for General Motors (GM)

P/E ratio as of November 2024 (TTM): 7.98

According to General Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.97762. At the end of 2022 the company had a P/E ratio of 5.45.

P/E ratio history for General Motors from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.45-36.86%
20218.63-9.59%
20209.5520.82%
20197.9032.34%
20185.97-139.93%
2017-15.0-362.79%
20165.692.27%
20155.57-72.1%
201419.928.86%
201315.566.46%
20129.30135.83%
20113.94-47.87%
20107.56

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.58 7.59%๐Ÿ‡ฏ๐Ÿ‡ต Japan
6.98-12.46%๐Ÿ‡ฏ๐Ÿ‡ต Japan
7.15-10.38%๐Ÿ‡บ๐Ÿ‡ธ USA
94.1 1,078.96%๐Ÿ‡บ๐Ÿ‡ธ USA
384 4,708.78%๐Ÿ‡ฎ๐Ÿ‡ณ India
17.6 121.01%๐Ÿ‡บ๐Ÿ‡ธ 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.