P/E ratio for LKQ Corporation (LKQ)
P/E ratio as of May 2023 (TTM): 12.9
According to LKQ Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9444. At the end of 2021 the company had a P/E ratio of 16.3.
P/E ratio history for LKQ Corporation from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.3 | -2.79% |
| 2020 | 16.8 | -17.74% |
| 2019 | 20.4 | |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Advance Auto Parts
AAP | 13.5 | 4.13% | 🇺🇸 USA |
 Copart
CPRT | 38.5 | 197.77% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 17.9 | 38.17% | 🇺🇸 USA |
 O'Reilly Automotive ORLY | 26.4 | 104.19% | 🇺🇸 USA |
 CarParts.com
PRTS | 35.3 | 172.32% | 🇺🇸 USA |
 Dorman Products DORM | 29.7 | 129.64% | 🇺🇸 USA |
 Lithia Motors LAD | 5.84 | -54.88% | 🇺🇸 USA |
 KAR Auction Services KAR | 11.6 | -10.51% | 🇺🇸 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.