The current PE ratio for Tesla stock as of Jul 25, 2024 is 56.33. This is calculated based on the TTM EPS of $3.91 and the stock price of $220.25 per share. The PE ratio marks an increase of 3.6% from its last 4 quarters average of 54.4.
The average historical PE ratio of Tesla for the last five years is 242.17. The current P/E ratio of 56.33 is 77% 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.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks AAPL and AMZN, TSLA's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AAPL Apple Inc | 33.75 | $3.34T |
| AMZN Amazon Com Inc | 50.17 | $1.9T |
| TSLA Tesla Inc | 56.22 | $702.28B |
| NKLA Nikola Corp | N/A | $422.79M |
| RIVN Rivian Automotive Inc | N/A | $16.11B |
| SPCE Virgin Galactic Holdings Inc | N/A | $153.23M |
The price to earnings ratio for TSLA stock is 56.33 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for TSLA stock is 87.54.
Over the last 5 years, the average price to earnings ratio for TSLA stock is 242.17.
The highest quarterly PE ratio in the last five years has been 940.89 and it was in the Dec 2020 quarter.
The current PE ratio of TSLA is 77% lower than the 5-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Tesla's share price is $220.25. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.91. Therefore, Tesla's PE ratio for today is 56.33. PE RATIO(56.33) = STOCK PRICE($220.25) / TTM EPS($3.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.