Tesla TSLA Pe Ratio TTM

by | Sep 4, 2024 | Bookkeeping | 0 comments

tesla pe ratio

Market data is provided solely for informational and/or educational purposes only. It is not intended as a recommendation and does not represent a solicitation or an offer to buy or sell any particular security. The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company’s market price to its Earnings per Share (Diluted). Plans are self-directed purchases of individually-selected assets, which may include stocks, ETFs and cryptocurrency.

Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else…Wisesheets has you covered. If you change the ticker you can get all of the data automatically updated for you. The current PE ratio of TSLA is 54% lower than the 5-year historical average. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

tesla pe ratio

Click the link below and we’ll send you MarketBeat’s list of ten tesla pe ratio stocks that will drive in any economic environment. All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. In comparison to its peer stocks AAPL and AMZN, TSLA’s PE ratio is higher.

What is Tesla (TSLA)’s average P/E ratio over the past 3 years?

  • In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
  • Finally, M&R Capital Management Inc. lifted its holdings in Tesla by 263.2% in the third quarter.
  • Comparing Tesla’s P/E ratio with its industry peers provides valuable context.
  • Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
  • Investors should consider their investment objectives and risks carefully before investing in options.
  • Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer. The Price/Earnings ratio measures the relationship between a company’s stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued.

  • According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $299.33.
  • There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
  • This suggests that Tesla is valued at a premium compared to some established players but remains in line with other high-growth electric vehicle companies.
  • Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock.
  • Abich Financial Wealth Management LLC lifted its stake in shares of Tesla by 168.8% during the second quarter.
  • Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
  • The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.30% per year. These returns cover a period from January 1, 1988 through December 30, 2024. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

TSLA PE vs peers

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Shelton Wealth Management LLC Buys Shares of 886 Tesla, Inc. (NASDAQ:TSLA)

Companies with a P/E ratio over 30 or a negative one are generaly seen as “growth stocks” meaning that investors typically expect the company to grow or to become profitable in the future. Companies with a positive P/E ratio bellow 10 are generally seen as “value stocks” meaning that the company is already very profitable and unlikely to strong growth in the future. A company with a higher PE ratio may indicate that the market has higher growth expectations for the company’s future earnings or profitability. Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries.

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M&R Capital Management Inc. now owns 138 shares of the electric vehicle producer’s stock valued at $36,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage.

Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive. Such information is time sensitive and subject to change based on market conditions and other factors.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

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