P/E ratio for Lithia Motors (LAD)
P/E ratio as of May 2024 (TTM): 7.14
According to Lithia Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.13901. At the end of 2022 the company had a P/E ratio of 4.62.
P/E ratio history for Lithia Motors from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.62 | -42.83% |
| 2021 | 8.08 | -46.36% |
| 2020 | 15.1 | 20.09% |
| 2019 | 12.6 | 81.92% |
| 2018 | 6.90 | -40.53% |
| 2017 | 11.6 | -6.93% |
| 2016 | 12.5 | -18.63% |
| 2015 | 15.3 | -6.21% |
| 2014 | 16.3 | -3.3% |
| 2013 | 16.9 | 41.73% |
| 2012 | 11.9 | 22.71% |
| 2011 | 9.71 | -64.29% |
| 2010 | 27.2 | 35.69% |
| 2009 | 20.0 | -7804.36% |
| 2008 | -0.2602 | -102.08% |
| 2007 | 12.5 | -17.11% |
| 2006 | 15.1 | 31.71% |
| 2005 | 11.4 | 3.59% |
| 2004 | 11.0 | -14.19% |
| 2003 | 12.9 | 50.02% |
| 2002 | 8.57 | -31.24% |
| 2001 | 12.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 25.4 | 256.19% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 17.3 | 142.54% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 10.2 | 43.16% | 🇺🇸 USA |
 Sonic Automotive
SAH | -47.0 | -758.13% | 🇺🇸 USA |
 Penske Automotive PAG | 9.48 | 32.79% | 🇺🇸 USA |
 Group 1 Automotive GPI | 7.02 | -1.64% | 🇺🇸 USA |
 AutoNation AN | 7.21 | 1.04% | 🇺🇸 USA |
 Asbury Automotive Group ABG | 5.80 | -18.72% | 🇺🇸 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.