P/E ratio for General Motors (GM)
P/E ratio as of May 2024 (TTM): 6.34
According to General Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.33706. At the end of 2022 the company had a P/E ratio of 5.45.
P/E ratio history for General Motors from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.45 | -36.86% |
| 2021 | 8.63 | -9.59% |
| 2020 | 9.55 | 20.82% |
| 2019 | 7.90 | 32.34% |
| 2018 | 5.97 | -139.93% |
| 2017 | -15.0 | -362.79% |
| 2016 | 5.69 | 2.27% |
| 2015 | 5.57 | -72.1% |
| 2014 | 19.9 | 28.86% |
| 2013 | 15.5 | 66.46% |
| 2012 | 9.30 | 135.83% |
| 2011 | 3.94 | -47.87% |
| 2010 | 7.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 49.3 | 677.67% | 🇺🇸 USA |
 Toyota TM | 10.9 | 71.61% | 🇯🇵 Japan |
 Ford F | 7.80 | 23.06% | 🇺🇸 USA |
 Gentex GNTX | 20.3 | 220.26% | 🇺🇸 USA |
 Tata Motors TATAMOTORS.NS | 524 | 8,175.90% | 🇮🇳 India |
 Honda HMC | 9.15 | 44.45% | 🇯🇵 Japan |
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.