P/E ratio for Gentex (GNTX)
P/E ratio as of May 2024 (TTM): 20.3
According to Gentex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2632. At the end of 2022 the company had a P/E ratio of 20.1.
P/E ratio history for Gentex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.1 | -13.12% |
| 2021 | 23.1 | -3.41% |
| 2020 | 23.9 | 36.04% |
| 2019 | 17.6 | 41.66% |
| 2018 | 12.4 | -15.37% |
| 2017 | 14.7 | -9.97% |
| 2016 | 16.3 | 9.77% |
| 2015 | 14.8 | -18.76% |
| 2014 | 18.2 | -14.24% |
| 2013 | 21.3 | 32.07% |
| 2012 | 16.1 | -36.84% |
| 2011 | 25.5 | -15.43% |
| 2010 | 30.2 | -20.58% |
| 2009 | 38.0 | 89.25% |
| 2008 | 20.1 | -2.88% |
| 2007 | 20.7 | -1.73% |
| 2006 | 21.0 | -23.44% |
| 2005 | 27.5 | 9.06% |
| 2004 | 25.2 | -20.73% |
| 2003 | 31.8 | 13.46% |
| 2002 | 28.0 | -8.87% |
| 2001 | 30.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 51.2 | 152.64% | 🇺🇸 USA |
 Johnson Controls
JCI | 23.0 | 13.35% | 🇮🇪 Ireland |
 Visteon VC | 20.8 | 2.83% | 🇺🇸 USA |
 Gentherm THRM | 93.4 | 360.97% | 🇺🇸 USA |
 Dorman Products DORM | 29.7 | 46.46% | 🇺🇸 USA |
 Magna International MGA | 14.6 | -27.90% | 🇨🇦 Canada |
 Lear Corporation
LEA | 13.7 | -32.25% | 🇺🇸 USA |
 Federal Signal FSS | 39.1 | 92.87% | 🇺🇸 USA |
 Autoliv ALV | 25.8 | 27.38% | 🇸🇪 Sweden |
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.