P/E ratio for Paccar (PCAR)
P/E ratio as of April 2024 (TTM): 14.8
According to Paccar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.787. 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 |
|---|---|---|
| 2022 | 11.4 | -30.86% |
| 2021 | 16.6 | -28.03% |
| 2020 | 23.0 | 100.12% |
| 2019 | 11.5 | 25.76% |
| 2018 | 9.14 | -38.9% |
| 2017 | 15.0 | -65.11% |
| 2016 | 42.9 | 308.95% |
| 2015 | 10.5 | -40.94% |
| 2014 | 17.8 | -0.97% |
| 2013 | 17.9 | 24.14% |
| 2012 | 14.4 | 11.02% |
| 2011 | 13.0 | -71.64% |
| 2010 | 45.9 | -60.79% |
| 2009 | 117 | 1041.36% |
| 2008 | 10.3 | -37.72% |
| 2007 | 16.5 | 52.04% |
| 2006 | 10.8 | 3.21% |
| 2005 | 10.5 | -32.36% |
| 2004 | 15.5 | -17.47% |
| 2003 | 18.8 | 31.03% |
| 2002 | 14.3 | -50.6% |
| 2001 | 29.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ford F | 7.82 | -47.13% | 🇺🇸 USA |
 Wabash National
WNC | 5.53 | -62.57% | 🇺🇸 USA |
 Oshkosh Corporation
OSK | 14.8 | 0.39% | 🇺🇸 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.