SMP Standard Motor Products PE ratio, current and historical analysis
The P/E ratio for Standard Motor Products stock stands at 19.5 as of Nov 21, 2024. This is calculated based on the TTM EPS of $1.65 and the stock price of $32.17 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 21.2 of the past four quarters.
SMP PE ratio history
Over the last ten years, the average PE ratio of Standard Motor Products has been 19.54. The current 19.5 price-to-earnings ratio is in line with the historical average. Analyzing the last ten years, SMP's PE ratio reached its highest point in the Jun 2018 quarter at 38.06, with a price of $48.34 and an EPS of $1.27. The Mar 2022 quarter saw the lowest point at 10.68, with a price of $43.14 and an EPS of $4.04.
Standard Motor Products PE ratio by year
Maximum annual increase: 85.79% in 2023
Maximum annual decrease: -23.41% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.36 | 85.79% |
| 2022 | 13.65 | 6.81% |
| 2021 | 12.78 | -18.81% |
| 2020 | 15.74 | -23.41% |
| 2019 | 20.55 | -18.97% |
| 2018 | 25.36 | -5.69% |
| 2017 | 26.89 | 34.38% |
| 2016 | 20.01 | 6.21% |
| 2015 | 18.84 | -7.1% |
| 2014 | 20.28 | 23.43% |
SMP average PE ratio chart
The current PE ratio of SMP is higher than the 3 and 5-year averages, but it is under its 10-year average.
SMP PE vs peers
When compared to its peers CMI and MOD, SMP's PE ratio is lower, but it is higher than BWA's and VC's. Standard Motor Products's PE ratio is trading below the peer average of 21.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VC Visteon Corp | 4.87 | $2.5B |
| BWA Borgwarner Inc | 8.55 | $7.38B |
| SMP Standard Motor Products Inc | 19.5 | $698.79M |
| DORM Dorman Products Inc | 22.87 | $4.18B |
| CMI Cummins Inc | 24.27 | $50.6B |
| MOD Modine Manufacturing Co | 45.03 | $7.38B |
| DAN Dana Inc | N/A | $1.2B |
Frequently asked questions
What is Standard Motor Products's PE ratio?
The price to earnings ratio for SMP stock is 19.5 as of Nov 21, 2024.
What is the 3-year average PE ratio for Standard Motor Products (SMP)?
The 3-year average PE ratio for SMP stock is 16.94.
What is the 5-year average PE ratio for Standard Motor Products (SMP)?
The 5-year average PE ratio for SMP stock is 16.51.
What is the highest PE ratio for SMP?
Over the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 38.06.
How does the current PE ratio for SMP compare to its historical average?
The current PE ratio of SMP is 0.2% lower than the 10-year historical average.
How is SMP's PE ratio calculated (Standard Motor Products PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Standard Motor Products's share price is $32.17. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.65. Therefore, Standard Motor Products's price to earnings ratio for today is 19.5. PE RATIO(19.5) = STOCK PRICE($32.17) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.