What is Tesla's P E ratio?

Asked by: Mr. Korey Heidenreich PhD  |  Last update: February 9, 2022
Score: 5/5 (11 votes)

About PE Ratio (TTM)
Tesla, Inc. has a trailing-twelve-months P/E of 133.83X compared to the Automotive - Domestic industry's P/E of 17.76X. Price to Earnings Ratio or P/E is price / earnings. It is the most commonly used metric for determining a company's value relative to its earnings.

What is Tesla's current PE ratio?

Therefore, Tesla's PE Ratio for today is 293.64.

Does Tesla have a good PE ratio?

Tesla Has the Highest PE Ratio Among the World's Ten Largest Companies. Using a stock's price-to-earnings (P/E) ratio is one of the quickest ways to learn whether a company is overvalued or undervalued. If a company's stock is undervalued, it may be a good investment based on the current price.

Why is Tesla PE ratio so high?

Tesla's gross profit margins are better than industry peers. That's one reason Tesla gets a premium valuation. Jonas also believes that Tesla will sell more stuff such as insurance and self driving software that can generate recurring sales. That's new for the auto industry and has the potential to add to profits.

Is Tesla overvalued?

Tesla's market capitalization recently moved well past $1 trillion, but the independent investment-research firm New Constructs believes the company is overvalued by roughly $1 trillion of that. ...

Why is Tesla Stock (TSLA) P/E Ratio So High? [Spoiler Alert - ITS NOT]

36 related questions found

Why is Tesla rising so fast?

The Tesla Financial Complex

Tesla's entry into the S&P 500 in December 2020 has further exposed funds tracking the index to the company's stock, and they have reaped the rewards of its price run-up. The company joined the S&P 500 with a weighting of 1.6%.

Is Tesla overvalued Quora?

Yes, the Tesla is definitely overvalued, the fastest way to check it is get the P/E Ratio, for example, Tesla has P/E Ratio 1173, in comparison, Apple has P/E Ratio 37.

How many Tesla shares does Elon Musk own?

Even with all the recent selling, Musk now holds about 175 million shares of Tesla stock. His holdings have increased because he's held on to about 1.3 million shares every time he's exercised one of his stock option tranches.

What is Walmart's PE ratio?

Price-Earnings Ratio

As of Q2 2020, Walmart's P/E ratio is about 23.88, meaning that WMT shares trade in the market at around 24 times the earnings per share.

What is Tesla's PE ratio 2020?

Tesla's operated at median p/e ratio of -31.9x from fiscal years ending December 2017 to 2021. Looking back at the last five years, Tesla's p/e ratio peaked in December 2020 at 1,274.1x. Tesla's p/e ratio hit its five-year low in December 2019 of -90.3x.

Why doesn't Tesla have a PE ratio?

Why doesn't Tesla show a PE ratio? - Quora. The simple answer is that Tesla currently has negative earnings. Negative operating cash flow as well, meaning that they need to receive more funding to continue expansion and operations at this state. The “E” in P/E ratio is negative.

Is 30 a good PE ratio?

A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company's early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.

Is a PE ratio of 10 good?

A P/E ratio of 10 might be pretty normal for a utility company, while it might be exceptionally low for a software business. That's where the industry PE ratios come into play. ... A stock market index, such as the S&P 500, can be used to gauge whether the company is over- or undervalued relative to the market.

What is the PE ratio of Coca Cola?

The Verdict On Coca-Cola's P/E Ratio

Coca-Cola has a P/E of 19.3.

Is Elon Musk born rich?

Was Elon Musk Born Rich? Elon Musk's family was wealthy when he started. Actually, they were very wealthy according to his father Erol. In his interview with Business Insider, he said: “We were very wealthy, we had so much money at times we couldn't even close our safe.”

Can you buy SpaceX stock?

SpaceX continues to mark new milestones as a private company, and that has spurred investors' appetites for publicly traded space stocks, which have multiplied rapidly in recent years. Satellite imaging company Planet (PL) went public via SPAC on Dec. ... 8.

Why is Tesla so hyped?

Tesla's battery technology is one of the reasons for being the unparalleled choice of EV! Its capacity has dominated the EV market with its Model S long-range, which broke boundaries by hitting 400miles. ... What's more, their ecosystem of Tesla Superchargers has made it more attractive to make the switch!

Why Tesla shares are going up Quora?

Originally Answered: Why did Tesla's stock rise so quickly? TESLA is huge player in EV industry and it has actually the first mover advantage in the industry the reason behind the rise in stock price is the Elon Musk himself .

Can you buy 1 share of Tesla?

Currently, Tesla stock costs just over $1,200 per share. With fractional shares, you can invest in nearly any stock for as little as $1. There are a few things to keep in mind before you invest, though, to make the most of your money.

Who owns the most Tesla stock?

Musk was Tesla's largest shareholder as of June, owning about 17% of the company, according to data provider FactSet. He's the wealthiest person in the world, according to Forbes, with a net worth of around $282 billion, most of it in Tesla stock.

Why is Ebay PE so low?

EBAY's 12-month-forward PE to Growth (PEG) ratio of 1.69 is considered a poor value as the market is overvaluing EBAY in relation to the company's projected earnings growth due. EBAY's PEG comes from its forward price to earnings ratio being divided by its growth rate.

What is the best PE ratio to buy a stock?

As far as Nifty is concerned, it has traded in a PE range of 10 to 30 historically. Average PE of Nifty in the last 20 years was around 20. * So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.

Is higher PE ratio better?

A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. ... The high multiple indicates that investors expect higher growth from the company compared to the overall market. A high P/E does not necessarily mean a stock is overvalued.