Standard Motor Products (SMP)
SMP
#6095
Rank
C$1.00 B
Marketcap
$46.26
Share price
3.02%
Change (1 day)
-5.04%
Change (1 year)

P/E ratio for Standard Motor Products (SMP) (SMP)

P/E ratio as of November 2024 (TTM): 20.1

According to Standard Motor Products (SMP)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0848. At the end of 2022 the company had a P/E ratio of 13.7.

P/E ratio history for Standard Motor Products (SMP) from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.77.22%
202112.8-19.15%
202015.8-23.38%
201920.6-18.22%
201825.2-6.2%
201726.934.92%
201619.95.29%
201518.9-6.64%
201420.323.42%
201316.434.56%
201212.266.84%
20117.32-48.19%
201014.1-71.82%
200950.1-1881.64%
2008-2.81-104.14%
200768.0131.51%
200629.4-160.46%
2005-48.6124.45%
2004-21.6-83.97%
2003-1352568.85%
2002-5.06-92.36%
2001-66.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-11.9-159.06%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8-16.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.01-134.92%๐Ÿ‡บ๐Ÿ‡ธ USA
45.3 125.61%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-6.11%๐Ÿ‡บ๐Ÿ‡ธ USA
36.3 80.73%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-45.16%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

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. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

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.