Price to Earnings (P/E)
since 2010
Calculation
Tesla Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to common stockholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 29, 2024 | 40.55 | = | 190.93 | ÷ | 4.71 | 4.71 | = | 14,997 | ÷ | 3,184,790,415 | |
| Jan 31, 2023 | 43.65 | = | 173.22 | ÷ | 3.97 | 3.97 | = | 12,556 | ÷ | 3,164,102,701 | |
| Feb 7, 2022 | 169.91 | = | 302.45 | ÷ | 1.78 | 1.78 | = | 5,519 | ÷ | 3,100,522,833 | |
| Feb 8, 2021 | 1,149.47 | = | 287.81 | ÷ | 0.25 | 0.25 | = | 721 | ÷ | 2,879,560,512 | |
| Feb 13, 2020 | — | = | 53.60 | ÷ | -0.32 | -0.32 | = | -862 | ÷ | 2,720,123,790 | |
| Feb 19, 2019 | — | = | 20.38 | ÷ | -0.38 | -0.38 | = | -976 | ÷ | 2,590,822,305 | |
| Feb 23, 2018 | — | = | 23.47 | ÷ | -0.77 | -0.77 | = | -1,961 | ÷ | 2,533,799,115 | |
| Mar 1, 2017 | — | = | 16.67 | ÷ | -0.28 | -0.28 | = | -675 | ÷ | 2,425,056,420 | |
| Feb 24, 2016 | — | = | 11.93 | ÷ | -0.45 | -0.45 | = | -889 | ÷ | 1,980,845,070 | |
| Feb 26, 2015 | — | = | 13.81 | ÷ | -0.16 | -0.16 | = | -294 | ÷ | 1,886,442,525 | |
| Feb 26, 2014 | — | = | 16.87 | ÷ | -0.04 | -0.04 | = | -74 | ÷ | 1,847,879,070 | |
| Mar 7, 2013 | — | = | 2.55 | ÷ | -0.23 | -0.23 | = | -396 | ÷ | 1,717,769,595 | |
| Feb 27, 2012 | — | = | 2.24 | ÷ | -0.16 | -0.16 | = | -254 | ÷ | 1,569,060,660 | |
| Mar 3, 2011 | — | = | 1.62 | ÷ | -0.11 | -0.11 | = | -154 | ÷ | 1,430,030,565 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Tesla Inc. Annual Report.
Comparison to Competitors
Tesla Inc., P/E, long-term trends, comparison to competitors
| Tesla Inc. | Ford Motor Co. | General Motors Co. | |
|---|---|---|---|
| Jan 29, 2024 | 40.55 | 11.70 | 4.39 |
| Jan 31, 2023 | 43.65 | — | 6.15 |
| Feb 7, 2022 | 169.91 | 4.01 | 7.90 |
| Feb 8, 2021 | 1,149.47 | — | 12.66 |
| Feb 13, 2020 | — | 701.03 | 7.61 |
| Feb 19, 2019 | — | 9.42 | 7.11 |
| Feb 23, 2018 | — | 5.45 | — |
| Mar 1, 2017 | — | 10.71 | 5.58 |
| Feb 24, 2016 | — | 6.01 | 4.61 |
| Feb 26, 2015 | — | 20.23 | 20.58 |
| Feb 26, 2014 | — | 8.48 | 14.86 |
| Mar 7, 2013 | — | 8.99 | 7.81 |
| Feb 27, 2012 | — | 2.36 | 5.46 |
| Mar 3, 2011 | — | 8.68 | 11.02 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
Tesla Inc., P/E, long-term trends, comparison to sector (automobiles & components)
| Tesla Inc. | Automobiles & Components | |
|---|---|---|
| Jan 29, 2024 | 40.55 | 23.94 |
| Jan 31, 2023 | 43.65 | 33.64 |
| Feb 7, 2022 | 169.91 | 32.66 |
| Feb 8, 2021 | 1,149.47 | 167.63 |
| Feb 13, 2020 | — | 39.68 |
| Feb 19, 2019 | — | 13.54 |
| Feb 23, 2018 | — | 90.66 |
| Mar 1, 2017 | — | 10.65 |
| Feb 24, 2016 | — | 6.97 |
| Feb 26, 2015 | — | 26.02 |
| Feb 26, 2014 | — | 13.63 |
| Mar 7, 2013 | — | 9.21 |
| Feb 27, 2012 | — | 3.36 |
| Mar 3, 2011 | — | 9.99 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
Tesla Inc., P/E, long-term trends, comparison to industry (consumer discretionary)
| Tesla Inc. | Consumer Discretionary | |
|---|---|---|
| Jan 29, 2024 | 40.55 | 33.07 |
| Jan 31, 2023 | 43.65 | 44.76 |
| Feb 7, 2022 | 169.91 | 38.75 |
| Feb 8, 2021 | 1,149.47 | 72.10 |
| Feb 13, 2020 | — | 39.37 |
| Feb 19, 2019 | — | 33.13 |
| Feb 23, 2018 | — | 47.03 |
| Mar 1, 2017 | — | 29.19 |
| Feb 24, 2016 | — | 24.70 |
| Feb 26, 2015 | — | 29.48 |
| Feb 26, 2014 | — | 26.50 |
| Mar 7, 2013 | — | 20.90 |
| Feb 27, 2012 | — | 11.38 |
| Mar 3, 2011 | — | 17.54 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).