P/E ratio for Sonic Automotive (SAH)
P/E ratio as of April 2024 (TTM): -44.6
According to Sonic Automotive 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44.622. At the end of 2022 the company had a P/E ratio of 26.3.
P/E ratio history for Sonic Automotive from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.3 | 349.16% |
| 2021 | 5.87 | -117.95% |
| 2020 | -32.7 | -452.17% |
| 2019 | 9.28 | -18.38% |
| 2018 | 11.4 | 30.67% |
| 2017 | 8.70 | -22.09% |
| 2016 | 11.2 | -16.07% |
| 2015 | 13.3 | -7.95% |
| 2014 | 14.5 | 29.76% |
| 2013 | 11.1 | -11.99% |
| 2012 | 12.7 | 23.1% |
| 2011 | 10.3 | 32.83% |
| 2010 | 7.74 | -47.84% |
| 2009 | 14.8 | -6518.23% |
| 2008 | -0.2313 | -102.69% |
| 2007 | 8.60 | -42.81% |
| 2006 | 15.0 | 48.58% |
| 2005 | 10.1 | -11.39% |
| 2004 | 11.4 | 0.72% |
| 2003 | 11.3 | 77.79% |
| 2002 | 6.38 | -46.09% |
| 2001 | 11.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 24.1 | -154.05% | 🇺🇸 USA |
 Copart
CPRT | 42.6 | -195.56% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 10.1 | -122.70% | 🇺🇸 USA |
 America's Car-Mart CRMT | 33.2 | -174.33% | 🇺🇸 USA |
 Lithia Motors LAD | 6.84 | -115.33% | 🇺🇸 USA |
 Penske Automotive PAG | 9.11 | -120.41% | 🇺🇸 USA |
 Group 1 Automotive GPI | 6.64 | -114.87% | 🇺🇸 USA |
 AutoNation AN | 6.82 | -115.29% | 🇺🇸 USA |
 Asbury Automotive Group ABG | 5.17 | -111.58% | 🇺🇸 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.