P/E ratio for Penske Automotive (PAG)

P/E ratio history for Penske Automotive 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
Sonic Automotive SAH	-50.9	-639.15%	🇺🇸 USA
Group 1 Automotive GPI	8.88	-5.88%	🇺🇸 USA
Asbury Automotive Group ABG	6.20	-34.32%	🇺🇸 USA
Lithia Motors LAD	9.86	4.48%	🇺🇸 USA
AutoNation AN	7.00	-25.85%	🇺🇸 USA
CarMax KMX	26.3	178.98%	🇺🇸 USA
Avis Budget Group CAR	2.01	-78.72%	🇺🇸 USA
Rush Enterprises RUSHA	14.0	48.83%	🇺🇸 USA
America's Car-Mart CRMT	24.7	161.89%	🇺🇸 USA
Copart CPRT	43.3	359.34%	🇺🇸 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.