Lithia Motors
LAD
#1779
Rank
$7.88 B
Marketcap
$286.26
Share price
-1.39%
Change (1 day)
5.48%
Change (1 year)

P/E ratio for Lithia Motors (LAD)

P/E ratio as of September 2023 (TTM): 7.13

According to Lithia Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.12676. At the end of 2021 the company had a P/E ratio of 8.25.

P/E ratio history for Lithia Motors from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.25-45.1%
202015.019.74%
201912.681.92%
20186.90
201612.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.9 277.31%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 133.05%๐Ÿ‡บ๐Ÿ‡ธ USA
8.87 24.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-51.4-821.82%๐Ÿ‡บ๐Ÿ‡ธ USA
9.19 29.02%๐Ÿ‡บ๐Ÿ‡ธ USA
5.59-21.61%๐Ÿ‡บ๐Ÿ‡ธ USA
6.21-12.82%๐Ÿ‡บ๐Ÿ‡ธ USA
5.14-27.82%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.