The current PE ratio for General Motors stock as of Dec 20, 2024 is 5.48. This is calculated based on the TTM EPS of $9.46 and the stock price of $51.81 per share. The PE ratio marks an increase of 8% from its last 4 quarters average of 5.1.
The average historical PE ratio of General Motors for the last ten years is 9.21. The current P/E ratio of 5.48 is 40% lower than the historical average. Looking back at the last ten years, GM's PE ratio peaked in the Sep 2018 quarter at 51.02, when the price was $33.67 and the EPS was $0.66. The lowest point was in the Jun 2016 quarter, when it reached 3.56 with a price of $28.3 and an EPS of $7.94.
Maximum annual increase: 32.89% in 2019
Maximum annual decrease: -72.08% in 2015
Year | PE ratio | Change |
---|---|---|
2023 | 4.89 | -10.28% |
2022 | 5.45 | -36.99% |
2021 | 8.65 | -9.42% |
2020 | 9.55 | 20.58% |
2019 | 7.92 | 32.89% |
2018 | 5.96 | N/A |
2017 | N/A | N/A |
2016 | 5.69 | 2.15% |
2015 | 5.57 | -72.08% |
2014 | 19.95 | 32.29% |
Currently, GM's PE ratio is lower than its 3, 5 and 10-year averages.
GM's PE ratio stands lower than its peer stocks TSLA and F.
Stock name | PE ratio | Market cap |
---|---|---|
GM General Motors Co | 5.48 | $56.97B |
F Ford Motor Co | 11.23 | $39.27B |
GNTX Gentex Corp | 15.42 | $6.63B |
TSLA Tesla Inc | 105 | $1.35T |
The price to earnings ratio for GM stock is 5.48 as of Dec 20, 2024.
As an average over the last 3 years, GM stock has a PE ratio of 5.72.
As an average over the last 5 years, GM stock has a PE ratio of 7.62.
Over the last ten years, the Sep 2018 quarter recorded the highest quarterly PE ratio at 51.02.
The current PE ratio of GM is 40% lower than the 10-year historical average.
GM's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), General Motors's share price is $51.81. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.46. Therefore, General Motors's PE ratio for today is 5.48. PE RATIO(5.48) = STOCK PRICE($51.81) / TTM EPS($9.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.