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GM General Motors PE ratio, current and historical analysis

The current PE ratio for General Motors stock as of Feb 23, 2024 is 5.39. This is calculated based on the TTM EPS of $7.35 and the stock price of $39.63 per share. The PE ratio marks an increase of 5% from its last 4 quarters average of 5.1.

GM PE ratio history

How has GM's PE ratio performed in the past

The average historical PE ratio of General Motors for the last ten years is 10.48. The current P/E ratio of 5.39 is 49% 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.

Average
10.48
Median
6.3
Minimum
3.56
Maximum
51.02

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

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

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

3-year avg
6.34
5-year avg
7.74
10-year avg
10.48
15-year avg
N/A

GM PE vs peers

What is GM's PE ratio compared to its peers

GM's PE ratio stands lower than its peer stocks TSLA and F.

Stock name PE ratio Market cap
GM General Motors Co 5.39 $45.75B
F Ford Motor Co 11.14 $48.58B
GNTX Gentex Corp 19.61 $8.35B
TSLA Tesla Inc 40.59 $611.38B

Frequently asked questions

What is General Motors's PE ratio?

The price to earnings ratio for GM stock is 5.39 as of Feb 23, 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 6.34.

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 7.74.

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 49% 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 (Feb 23, 2024), General Motors's share price is $39.63. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.35. Therefore, General Motors's PE ratio for today is 5.39. PE RATIO(5.39) = STOCK PRICE($39.63) / TTM EPS($7.35)

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