Penske Automotive
PAG
#1484
Rank
$10.09 B
Marketcap
$146.36
Share price
5.73%
Change (1 day)
25.19%
Change (1 year)

P/E ratio for Penske Automotive (PAG)

P/E ratio as of June 2023 (TTM): 8.10

According to Penske Automotive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.10216. At the end of 2021 the company had a P/E ratio of 7.19.

P/E ratio history for Penske Automotive from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.19-18.2%
20208.79-7.63%
20199.5130.45%
20187.298.8%
20176.70-48.29%
201613.010.5%
201511.7-23.75%
201415.4-11.61%
201317.418.56%
201214.747.92%
20119.92

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.6 203.32%๐Ÿ‡บ๐Ÿ‡ธ USA
38.6 376.91%๐Ÿ‡บ๐Ÿ‡ธ USA
7.87-2.88%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 57.60%๐Ÿ‡บ๐Ÿ‡ธ USA
5.95-26.56%๐Ÿ‡บ๐Ÿ‡ธ USA
3.11-61.64%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 188.13%๐Ÿ‡บ๐Ÿ‡ธ USA
5.07-37.48%๐Ÿ‡บ๐Ÿ‡ธ USA
5.66-30.18%๐Ÿ‡บ๐Ÿ‡ธ USA
5.10-37.10%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.