Penske Automotive
PAG
#1597
Rank
$10.05 B
Marketcap
$150.01
Share price
-0.27%
Change (1 day)
7.26%
Change (1 year)

P/E ratio for Penske Automotive (PAG)

P/E ratio as of April 2024 (TTM): 8.93

According to Penske Automotive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.92641. At the end of 2022 the company had a P/E ratio of 6.21.

P/E ratio history for Penske Automotive from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.21-13.6%
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%
20119.92-32.79%
201014.8-18.35%
200918.1-1149.95%
2008-1.72-113.41%
200712.8-34.09%
200619.5-21.98%
200525.0101.05%
200412.4-21.14%
200315.73.78%
200215.2-58.66%
200136.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.1 180.97%๐Ÿ‡บ๐Ÿ‡ธ USA
43.2 384.44%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 27.39%๐Ÿ‡บ๐Ÿ‡ธ USA
34.5 286.59%๐Ÿ‡บ๐Ÿ‡ธ USA
7.07-20.77%๐Ÿ‡บ๐Ÿ‡ธ USA
2.61-70.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-39.6-544.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.98-33.06%๐Ÿ‡บ๐Ÿ‡ธ USA
6.53-26.89%๐Ÿ‡บ๐Ÿ‡ธ USA
5.24-41.26%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.