The current PE ratio for General Motors stock as of Jul 26, 2024 is 4.92. This is calculated based on the TTM EPS of $8.96 and the stock price of $44.12 per share. The PE ratio marks a decrease of 2.6% from its last 4 quarters average of 5.1.
The average historical PE ratio of General Motors for the last ten years is 9.59. The current P/E ratio of 4.92 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.
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 | 4.92 | $49.59B |
| F Ford Motor Co | 11.66 | $44.48B |
| GNTX Gentex Corp | 16.42 | $7.21B |
| TSLA Tesla Inc | 56.21 | $702.18B |
The price to earnings ratio for GM stock is 4.92 as of Jul 26, 2024.
As an average over the last 3 years, GM stock has a PE ratio of 5.9.
As an average over the last 5 years, GM stock has a PE ratio of 7.68.
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 49% 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 (Jul 26, 2024), General Motors's share price is $44.12. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $8.96. Therefore, General Motors's PE ratio for today is 4.92. PE RATIO(4.92) = STOCK PRICE($44.12) / TTM EPS($8.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.