P/E ratio for Sonic Automotive (SAH)
P/E ratio as of September 2023 (TTM): -51.4
According to Sonic Automotive 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -51.4421. At the end of 2021 the company had a P/E ratio of 5.87.
P/E ratio history for Sonic Automotive from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.87 | -117.95% |
| 2020 | -32.7 | -452.17% |
| 2019 | 9.28 | -18.38% |
| 2018 | 11.4 | |
| 2016 | 11.2 | |
| 2014 | 14.5 | -8.55% |
| 2013 | 15.9 | 25.56% |
| 2012 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 26.9 | -152.27% | 🇺🇸 USA |
 Copart
CPRT | 33.0 | -164.14% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 8.87 | -117.25% | 🇺🇸 USA |
 America's Car-Mart CRMT | 52.8 | -202.55% | 🇺🇸 USA |
 Lithia Motors LAD | 7.13 | -113.85% | 🇺🇸 USA |
 Penske Automotive PAG | 9.19 | -117.87% | 🇺🇸 USA |
 Group 1 Automotive GPI | 5.59 | -110.86% | 🇺🇸 USA |
 AutoNation AN | 6.21 | -112.08% | 🇺🇸 USA |
 Asbury Automotive Group ABG | 5.14 | -110.00% | 🇺🇸 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.