P/E ratio for Standard Motor Products (SMP) (SMP)
P/E ratio as of April 2024 (TTM): 19.6
According to Standard Motor Products (SMP)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5636. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for Standard Motor Products (SMP) from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | 7.22% |
| 2021 | 12.8 | -19.15% |
| 2020 | 15.8 | -23.38% |
| 2019 | 20.6 | -18.22% |
| 2018 | 25.2 | -6.2% |
| 2017 | 26.9 | 34.92% |
| 2016 | 19.9 | 5.29% |
| 2015 | 18.9 | -6.64% |
| 2014 | 20.3 | 23.42% |
| 2013 | 16.4 | 34.56% |
| 2012 | 12.2 | 66.84% |
| 2011 | 7.32 | -48.19% |
| 2010 | 14.1 | -71.82% |
| 2009 | 50.1 | -1881.64% |
| 2008 | -2.81 | -104.14% |
| 2007 | 68.0 | 131.51% |
| 2006 | 29.4 | -160.46% |
| 2005 | -48.6 | 124.45% |
| 2004 | -21.6 | -83.97% |
| 2003 | -135 | 2568.85% |
| 2002 | -5.06 | -92.36% |
| 2001 | -66.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 10.6 | -45.84% | 🇺🇸 USA |
 Cummins
CMI | 14.8 | -24.57% | 🇺🇸 USA |
 Visteon VC | 20.0 | 2.29% | 🇺🇸 USA |
 Dorman Products DORM | 28.6 | 46.30% | 🇺🇸 USA |
 Tenneco TEN | -7.01 | -135.85% | 🇺🇸 USA |
 Modine Manufacturing
MOD | 23.5 | 20.26% | 🇺🇸 USA |
 Dana DAN | -17.0 | -186.90% | 🇺🇸 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.