GM General Motors PE ratio, current and historical analysis
The current PE ratio for General Motors stock as of Nov 21, 2024 is 5.89. This is calculated based on the TTM EPS of $9.46 and the stock price of $55.68 per share. The PE ratio marks an increase of 16% from its last 4 quarters average of 5.1.
GM PE ratio history
The average historical PE ratio of General Motors for the last ten years is 9.21. The current P/E ratio of 5.89 is 36% 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.
General Motors PE ratio by year
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% |
GM average PE ratio chart
Currently, GM's PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
GM PE vs peers
GM's PE ratio stands lower than its peer stocks TSLA and F.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GM General Motors Co | 5.89 | $61.23B |
| F Ford Motor Co | 12.27 | $42.92B |
| GNTX Gentex Corp | 15.81 | $6.8B |
| TSLA Tesla Inc | 84.7 | $1.09T |
Frequently asked questions
What is General Motors's PE ratio?
The price to earnings ratio for GM stock is 5.89 as of Nov 21, 2024.
What is the 3-year average PE ratio for General Motors (GM)?
As an average over the last 3 years, GM stock has a PE ratio of 5.72.
What is the 5-year average PE ratio for General Motors (GM)?
As an average over the last 5 years, GM stock has a PE ratio of 7.62.
What is the highest PE ratio for GM?
Over the last ten years, the Sep 2018 quarter recorded the highest quarterly PE ratio at 51.02.
How does the current PE ratio for GM compare to its historical average?
The current PE ratio of GM is 36% lower than the 10-year historical average.
Why is General Motors's PE ratio so low?
GM's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is GM's PE ratio calculated (General Motors PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), General Motors's share price is $55.68. 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 5.89. PE RATIO(5.89) = STOCK PRICE($55.68) / TTM EPS($9.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.