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TSLA Tesla PE ratio, current and historical analysis

The current PE ratio for Tesla stock as of Jun 20, 2024 is 42.23. This is calculated based on the TTM EPS of $4.3 and the stock price of $181.57 per share. The PE ratio marks a decrease of 28% from its last 4 quarters average of 58.6.

TSLA PE ratio history

How has TSLA's PE ratio performed in the past

The average historical PE ratio of Tesla for the last four years is 254.15. The current P/E ratio of 42.23 is 83% lower than the historical average. Looking back at the last four 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.

Average
254.15
Median
101.3
Minimum
30.64
Maximum
940.89

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

What is the average PE ratio of TSLA for the past years

TSLA's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
108.5
5-year avg
254.15
10-year avg
254.15
15-year avg
N/A

TSLA PE vs peers

What is TSLA's PE ratio compared to its peers

In comparison to its peer AMZN, TSLA's PE ratio is lower, but it is higher than AAPL's.

Stock name PE ratio Market cap
AAPL Apple Inc 32.46 $3.22T
TSLA Tesla Inc 42.23 $579.06B
AMZN Amazon Com Inc 51.13 $1.94T
NKLA Nikola Corp N/A $447.12M
RIVN Rivian Automotive Inc N/A $10.28B
SPCE Virgin Galactic Holdings Inc N/A $182.23M

Frequently asked questions

What is Tesla's PE ratio?

The price to earnings ratio for TSLA stock is 42.23 as of Jun 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 108.5.

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 254.15.

What is the highest PE ratio for TSLA?

The highest quarterly PE ratio in the last four 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 83% lower than the 4-year historical average.

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 (Jun 20, 2024), Tesla's share price is $181.57. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.3. Therefore, Tesla's PE ratio for today is 42.23. PE RATIO(42.23) = STOCK PRICE($181.57) / TTM EPS($4.3)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.