As of Apr 26, 2024, the Lithia Motors stock's PE ratio is 7.74. This takes into account the latest EPS of $33.94 and stock price of $262.72. The PE ratio marks a decrease of 7% from its last 4 quarters average of 8.3.
The PE ratio of Lithia Motors has averaged 11.16 over the last ten years. The current P/E ratio of 7.74 is 31% lower than the historical average. Looking back at the last ten years, LAD's PE ratio peaked in the Jun 2014 quarter at 20.1, when the price was $94.07 and the EPS was $4.68. 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, but it is higher than GPI's. Lithia Motors is currently trading at a lower PE ratio (7.74) than its peers average of 12.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 7.05 | $4.06B |
| LAD Lithia Motors Inc | 7.74 | $7.2B |
| AN Autonation Inc | 7.98 | $6.84B |
| ABG Asbury Automotive Group Inc | 8.02 | $4.48B |
| PAG Penske Automotive Group Inc | 10.04 | $10.43B |
| RUSHA Rush Enterprises Inc | 10.93 | $3.64B |
| SAH Sonic Automotive Inc | 12.44 | $2.11B |
| GPC Genuine Parts Co | 17.75 | $22.28B |
| KMX Carmax Inc | 22.97 | $10.95B |
LAD's price to earnings ratio is 7.74 as of Apr 26, 2024.
The 3-year average price to earnings ratio for LAD stock is 7.51.
The 5-year average price to earnings ratio for LAD stock is 9.54.
Over the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 20.1.
LAD's price to earnings ratio is currently 31% 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 (Apr 26, 2024), Lithia Motors's share price is $262.72. 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 7.74. PE RATIO(7.74) = STOCK PRICE($262.72) / TTM EPS($33.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.