As of Jul 25, 2024, the Lithia Motors stock's PE ratio is 7.6. This takes into account the latest EPS of $33.94 and stock price of $257.8. The PE ratio marks a decrease of 9% from its last 4 quarters average of 8.3.
The PE ratio of Lithia Motors has averaged 10.93 over the last ten years. The current P/E ratio of 7.6 is 30% lower than the historical average. Looking back at the last ten years, LAD's PE ratio peaked in the Jun 2015 quarter at 17.71, when the price was $113.16 and the EPS was $6.39. The lowest point was in the Dec 2022 quarter, when it reached 4.61 with a price of $204.74 and an EPS of $44.38.
Maximum annual increase: 96.53% in 2023
Maximum annual decrease: -45.58% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.06 | 96.53% |
| 2022 | 4.61 | -42.87% |
| 2021 | 8.07 | -45.58% |
| 2020 | 14.83 | 18.07% |
| 2019 | 12.56 | 79.43% |
| 2018 | 7 | -39.71% |
| 2017 | 11.61 | -6.97% |
| 2016 | 12.48 | -18.59% |
| 2015 | 15.33 | -6.12% |
| 2014 | 16.33 | -3.32% |
The current PE ratio of LAD is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
LAD's PE ratio stands lower than its peer stocks GPC and KMX. Lithia Motors is currently trading at a lower PE ratio (7.6) than its peers average of 13.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LAD Lithia Motors Inc | 7.69 | $7.15B |
| GPI Group 1 Automotive Inc | 8.18 | $4.47B |
| AN Autonation Inc | 8.36 | $7.17B |
| ABG Asbury Automotive Group Inc | 9.18 | $5.13B |
| PAG Penske Automotive Group Inc | 11.15 | $10.74B |
| SAH Sonic Automotive Inc | 11.64 | $1.98B |
| RUSHA Rush Enterprises Inc | 12.14 | $3.89B |
| GPC Genuine Parts Co | 16.36 | $19.78B |
| KMX Carmax Inc | 32.43 | $12.96B |
LAD's price to earnings ratio is 7.6 as of Jul 25, 2024.
The 3-year average price to earnings ratio for LAD stock is 7.19.
The 5-year average price to earnings ratio for LAD stock is 9.5.
Over the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 17.71.
LAD's price to earnings ratio is currently 30% below its 10-year historical average.
LAD's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Lithia Motors's share price is $257.8. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $33.94. Therefore, Lithia Motors's PE ratio for today is 7.6. PE RATIO(7.6) = STOCK PRICE($257.8) / TTM EPS($33.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.