Lithia Motors
LAD
#1648
Rank
โ‚น878.77 B
Marketcap
โ‚น32,991
Share price
2.19%
Change (1 day)
46.46%
Change (1 year)

P/E ratio for Lithia Motors (LAD)

P/E ratio as of November 2024 (TTM): 10.3

According to Lithia Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2728. At the end of 2022 the company had a P/E ratio of 4.62.

P/E ratio history for Lithia Motors from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.62-42.83%
20218.08-46.36%
202015.120.09%
201912.681.92%
20186.90-40.53%
201711.6-6.93%
201612.5-18.63%
201515.3-6.21%
201416.3-3.3%
201316.941.73%
201211.922.71%
20119.71-64.29%
201027.235.69%
200920.0-7804.36%
2008-0.2602-102.08%
200712.5-17.11%
200615.131.71%
200511.43.59%
200411.0-14.19%
200312.950.02%
20028.57-31.24%
200112.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.73-5.28%๐Ÿ‡บ๐Ÿ‡ธ USA
7.32-28.72%๐Ÿ‡บ๐Ÿ‡ธ USA
9.30-9.50%๐Ÿ‡บ๐Ÿ‡ธ USA
6.22-39.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-52.1-606.88%๐Ÿ‡บ๐Ÿ‡ธ USA
28.3 175.18%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0 35.91%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3 29.75%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.