P/E ratio for Gentex (GNTX)

P/E ratio history for Gentex from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Autoliv ALV	20.2	15.40%	🇸🇪 Sweden
Johnson Controls JCI	28.0	59.96%	🇮🇪 Ireland
Lear Corporation LEA	10.1	-42.06%	🇺🇸 USA
Magna International MGA	13.6	-22.29%	🇨🇦 Canada
Visteon VC	16.5	-5.66%	🇺🇸 USA
Federal Signal FSS	42.9	145.54%	🇺🇸 USA
Gentherm THRM	78.9	351.79%	🇺🇸 USA
Cintas CTAS	16.4	-6.25%	🇺🇸 USA
Dorman Products DORM	44.5	154.80%	🇺🇸 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.