The P/E ratio for Standard Motor Products stock stands at 22.65 as of May 2, 2024. This is calculated based on the TTM EPS of $1.42 and the stock price of $32.17 per share. The current PE ratio is about the same compared to the last 4 quarters average.
Over the last ten years, the average PE ratio of Standard Motor Products has been 19.66. The current 22.65 price-to-earnings ratio is 15% more than 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.
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% |
The current PE ratio of SMP is higher than the 3, 5 and 10-year averages.
When compared to its peers CMI and DAN, SMP's PE ratio is lower, but it is higher than BWA's and MOD's. Standard Motor Products's PE ratio is trading above the peer average of 15.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VC Visteon Corp | 6.54 | $3.18B |
| BWA Borgwarner Inc | 13.45 | $8.12B |
| CMI Cummins Inc | 20.44 | $38.34B |
| MOD Modine Manufacturing Co | 21.79 | $4.92B |
| DORM Dorman Products Inc | 22.08 | $2.82B |
| SMP Standard Motor Products Inc | 22.65 | $701.78M |
| DAN Dana Inc | 148 | $1.93B |
The price to earnings ratio for SMP stock is 22.65 as of May 2, 2024.
The 3-year average PE ratio for SMP stock is 15.9.
The 5-year average PE ratio for SMP stock is 16.83.
Over the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 38.06.
The current PE ratio of SMP is 15% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Standard Motor Products's share price is $32.17. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.42. Therefore, Standard Motor Products's price to earnings ratio for today is 22.65. PE RATIO(22.65) = STOCK PRICE($32.17) / TTM EPS($1.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.