P/E ratio for Motorcar Parts of America (MPAA)
P/E ratio as of September 2023 (TTM): -25.1
According to Motorcar Parts of America's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.069. At the end of 2021 the company had a P/E ratio of 38.8.
P/E ratio history for Motorcar Parts of America from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 38.8 | 28.53% |
| 2020 | 30.2 | -113.7% |
| 2019 | -220 | -417.74% |
| 2018 | 69.3 | 155.25% |
| 2017 | 27.2 | 61.44% |
| 2016 | 16.8 | -69.15% |
| 2015 | 54.5 | 24.53% |
| 2014 | 43.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson Controls
JCI | 18.8 | -175.13% | 🇮🇪 Ireland |
 Gentherm THRM | 157 | -725.61% | 🇺🇸 USA |
 Stoneridge SRI | -57.0 | 127.49% | 🇺🇸 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.