Tesla
TSLA

Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. The company's goal is to โ€œaccelerate the transition to sustainable energyโ€. The company name is based on the physicist and inventor Nikola Tesla.

P/E ratio for Tesla (TSLA)

P/E ratio as of September 2022 (TTM): 89.1

According to Tesla's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 89.1312. At the end of 2021 the company had a P/E ratio of 571.

P/E ratio history for Tesla from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021571-80.3%
2020> 1000-1262.33%
2019-25044.44%
2018-173118.03%
2017-79.2-40.06%
2016-13226.48%
2015-105-63.04%
2014-283-61.79%
2013-7402594.01%
2012-27.5

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.