Paccar
PCAR
#295
Rank
$61.84 B
Marketcap
$118.02
Share price
-0.12%
Change (1 day)
61.10%
Change (1 year)

P/E ratio for Paccar (PCAR)

P/E ratio as of April 2024 (TTM): 15.1

According to Paccar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0536. At the end of 2022 the company had a P/E ratio of 11.4.

P/E ratio history for Paccar from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.4-30.86%
202116.6-28.03%
202023.0100.12%
201911.525.76%
20189.14-38.9%
201715.0-65.11%
201642.9308.95%
201510.5-40.94%
201417.8-0.97%
201317.924.14%
201214.411.02%
201113.0-71.64%
201045.9-60.79%
20091171041.36%
200810.3-37.72%
200716.552.04%
200610.83.21%
200510.5-32.36%
200415.5-17.47%
200318.831.03%
200214.3-50.6%
200129.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.94-47.24%๐Ÿ‡บ๐Ÿ‡ธ USA
5.66-62.39%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1 0.04%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.