P/E ratio for LKQ Corporation (LKQ)
P/E ratio as of April 2024 (TTM): 12.1
According to LKQ Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1232. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for LKQ Corporation from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | -20.91% |
| 2021 | 16.3 | -2.79% |
| 2020 | 16.8 | -17.74% |
| 2019 | 20.4 | 32.39% |
| 2018 | 15.4 | -34.83% |
| 2017 | 23.6 | 14.95% |
| 2016 | 20.6 | -4.19% |
| 2015 | 21.5 | -3.03% |
| 2014 | 22.1 | -30.68% |
| 2013 | 31.9 | 33.22% |
| 2012 | 24.0 | 14.78% |
| 2011 | 20.9 | 9.41% |
| 2010 | 19.1 | -10.34% |
| 2009 | 21.3 | 33.31% |
| 2008 | 16.0 | -55.55% |
| 2007 | 35.9 | 31.29% |
| 2006 | 27.4 | 10.68% |
| 2005 | 24.7 | 26.91% |
| 2004 | 19.5 | -2.3% |
| 2003 | 19.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 13.2 | 8.65% | 🇺🇸 USA |
 Copart
CPRT | 42.4 | 249.88% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 18.2 | 49.96% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 28.8 | 137.50% | 🇺🇸 USA |
 CarParts.com
PRTS | -8.33 | -168.74% | 🇺🇸 USA |
 Dorman Products DORM | 29.2 | 140.72% | 🇺🇸 USA |
 Lithia Motors LAD | 6.59 | -45.63% | 🇺🇸 USA |
 OPENLANE Corporate KAR | -10.5 | -186.44% | 🇺🇸 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.