TSLA Tesla PE ratio, current and historical analysis
The current PE ratio for Tesla stock as of Dec 20, 2024 is 105.0. This is calculated based on the TTM EPS of $4.01 and the stock price of $421.06 per share. The PE ratio marks an increase of 101% from its last 4 quarters average of 52.3.
TSLA PE ratio history
The average historical PE ratio of Tesla for the last five years is 232.34. The current P/E ratio of 105.0 is 55% lower than the historical average. Looking back at the last five years, TSLA's PE ratio peaked in the Dec 2020 quarter at 940.89, when the price was $235.22 and the EPS was $0.25. The lowest point was in the Dec 2022 quarter, when it reached 30.64 with a price of $123.18 and an EPS of $4.02.
Tesla PE ratio by year
Maximum annual increase: 71.44% in 2023
Maximum annual decrease: -83.73% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 52.53 | 71.44% |
| 2022 | 30.64 | -83.73% |
| 2021 | 188.37 | -79.98% |
| 2020 | 940.89 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
TSLA average PE ratio chart
TSLA's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
TSLA PE vs peers
In comparison to its peer stocks AAPL and AMZN, TSLA's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AAPL Apple Inc | 41.65 | $3.85T |
| AMZN Amazon Com Inc | 47.15 | $2.37T |
| TSLA Tesla Inc | 105 | $1.35T |
| NKLA Nikola Corp | N/A | $71.82M |
| RIVN Rivian Automotive Inc | N/A | $14.12B |
| SPCE Virgin Galactic Holdings Inc | N/A | $176.14M |
Frequently asked questions
What is Tesla's PE ratio?
The price to earnings ratio for TSLA stock is 105 as of Dec 20, 2024.
What is the 3-year average PE ratio for Tesla (TSLA)?
Over the last 3 years, the average price to earnings ratio for TSLA stock is 74.88.
What is the 5-year average PE ratio for Tesla (TSLA)?
Over the last 5 years, the average price to earnings ratio for TSLA stock is 232.34.
What is the highest PE ratio for TSLA?
The highest quarterly PE ratio in the last five years has been 940.89 and it was in the Dec 2020 quarter.
How does the current PE ratio for TSLA compare to its historical average?
The current PE ratio of TSLA is 55% lower than the 5-year historical average.
Why is Tesla's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is TSLA's PE ratio calculated (Tesla PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 20, 2024), Tesla's share price is $421.06. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.01. Therefore, Tesla's PE ratio for today is 105. PE RATIO(105) = STOCK PRICE($421.06) / TTM EPS($4.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.