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Lucid Motors
LCID
#1127
Rank
$14.13 B
Marketcap
$7.72
Share price
2.25%
Change (1 day)
-69.58%
Change (1 year)

P/E ratio for Lucid Motors (LCID)

P/E ratio as of March 2023 (TTM): -9.37

According to Lucid Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.36539. At the end of 2021 the company had a P/E ratio of -12.5.

P/E ratio history for Lucid Motors from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-12.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
47.5-607.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.35-21.47%๐Ÿ‡จ๐Ÿ‡ณ China
-1.98-78.82%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.