Stock Analysis on Net

Ford Motor Co. (NYSE:F)

Common Stock Valuation Ratios (Price Multiples) 
Quarterly Data

Microsoft Excel

Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).


Historical Valuation Ratios (Summary)

Ford Motor Co., historical price multiples (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Price to earnings (P/E) 11.72 11.57 13.27 11.70 6.47 12.83 16.34 5.80 4.82 5.08 4.01 23.50 16.81 11.30 701.03
Price to operating profit (P/OP) 11.05 11.11 11.39 9.32 5.49 7.99 6.69 8.40 9.58 8.95 17.27 15.90 50.21 24.45 57.40
Price to sales (P/S) 0.24 0.26 0.31 0.31 0.24 0.33 0.30 0.35 0.37 0.41 0.47 0.57 0.54 0.46 0.38 0.39 0.26 0.22 0.15 0.23
Price to book value (P/BV) 0.93 1.02 1.21 1.19 0.90 1.22 1.11 1.22 1.24 1.27 1.31 1.48 1.84 1.66 1.33 1.49 0.95 0.85 0.71 0.99 0.96 1.04 1.14

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Ford Motor Co. P/E ratio decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Ford Motor Co. P/OP ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Ford Motor Co. P/S ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Ford Motor Co. P/BV ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Earnings (P/E)

Ford Motor Co., historical P/E calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 3,974,288,593 3,975,249,685 3,992,337,157 3,973,633,108 4,002,954,437 4,002,225,602 4,000,770,326 3,986,181,861 4,020,494,099 4,020,237,518 4,019,765,355 4,004,247,552 3,996,241,503 3,994,764,392 3,991,644,459 3,978,695,017 3,978,427,360 3,978,388,996 3,977,039,943 3,964,930,325 3,964,896,995 3,918,991,225 3,989,545,901
Selected Financial Data (US$)
Net income (loss) attributable to Ford Motor Company (in millions) 892 1,831 1,332 (526) 1,199 1,917 1,757 1,289 (827) 667 (3,110) 12,282 1,832 561 3,262 (2,788) 2,385 1,117 (1,993) (1,672) 425 148 1,146
Earnings per share (EPS)2 0.89 0.96 0.98 1.09 1.54 1.03 0.72 -0.50 2.24 2.90 2.88 4.48 0.72 0.86 1.00 -0.32 -0.04 -0.53 -0.78 0.01 0.00 0.00 0.00
Share price1, 3 10.41 11.16 13.04 12.80 9.96 13.26 11.79 13.23 13.00 14.00 14.62 17.96 16.86 14.39 11.26 11.51 7.90 6.61 5.26 8.31 8.60 9.56 10.41
Valuation Ratio
P/E ratio4 11.72 11.57 13.27 11.70 6.47 12.83 16.34 5.80 4.82 5.08 4.01 23.50 16.81 11.30 701.03
Benchmarks
P/E Ratio, Competitors5
General Motors Co. 5.37 4.74 4.84 4.39 3.94 5.13 4.92 6.15 6.09 6.29 6.37 7.90 7.20 6.09 9.31 12.66 16.54 24.34 6.65 7.61
Tesla Inc. 65.83 55.70 37.98 40.55 62.68 70.03 43.84 43.65 59.61 88.39 123.10 169.91 296.78 292.69 585.25 1,149.47 715.90 746.75

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
EPS = (Net income (loss) attributable to Ford Motor CompanyQ3 2024 + Net income (loss) attributable to Ford Motor CompanyQ2 2024 + Net income (loss) attributable to Ford Motor CompanyQ1 2024 + Net income (loss) attributable to Ford Motor CompanyQ4 2023) ÷ No. shares of common stock outstanding
= (892,000,000 + 1,831,000,000 + 1,332,000,000 + -526,000,000) ÷ 3,974,288,593 = 0.89

3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/E ratio = Share price ÷ EPS
= 10.41 ÷ 0.89 = 11.72

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Ford Motor Co. P/E ratio decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.

Price to Operating Profit (P/OP)

Ford Motor Co., historical P/OP calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 3,974,288,593 3,975,249,685 3,992,337,157 3,973,633,108 4,002,954,437 4,002,225,602 4,000,770,326 3,986,181,861 4,020,494,099 4,020,237,518 4,019,765,355 4,004,247,552 3,996,241,503 3,994,764,392 3,991,644,459 3,978,695,017 3,978,427,360 3,978,388,996 3,977,039,943 3,964,930,325 3,964,896,995 3,918,991,225 3,989,545,901
Selected Financial Data (US$)
Operating income (loss) (in millions) 880 1,883 1,225 (245) 1,129 2,461 2,113 1,561 504 2,868 1,343 739 1,342 (22) 2,464 (2,442) 2,351 (2,759) (1,558) (457) (261) 90 1,202
Operating profit per share2 0.94 1.00 1.14 1.37 1.81 1.66 1.76 1.57 1.36 1.57 0.85 1.13 0.34 0.59 -0.10 -1.11 -0.61 -1.27 -0.55 0.14 0.00 0.00 0.00
Share price1, 3 10.41 11.16 13.04 12.80 9.96 13.26 11.79 13.23 13.00 14.00 14.62 17.96 16.86 14.39 11.26 11.51 7.90 6.61 5.26 8.31 8.60 9.56 10.41
Valuation Ratio
P/OP ratio4 11.05 11.11 11.39 9.32 5.49 7.99 6.69 8.40 9.58 8.95 17.27 15.90 50.21 24.45 57.40
Benchmarks
P/OP Ratio, Competitors5
General Motors Co. 4.85 4.52 4.92 4.74 3.56 4.59 4.28 5.32 5.70 6.50 6.84 8.34 7.45 5.73 9.03 11.92 16.05 31.06 6.40 9.13
Tesla Inc. 110.65 104.48 69.89 68.39 62.84 67.50 40.51 40.14 53.94 78.73 108.47 143.76 229.48 194.03 290.22 415.63 224.02 223.65 196.99

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Operating profit per share = (Operating income (loss)Q3 2024 + Operating income (loss)Q2 2024 + Operating income (loss)Q1 2024 + Operating income (loss)Q4 2023) ÷ No. shares of common stock outstanding
= (880,000,000 + 1,883,000,000 + 1,225,000,000 + -245,000,000) ÷ 3,974,288,593 = 0.94

3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 10.41 ÷ 0.94 = 11.05

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Ford Motor Co. P/OP ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Sales (P/S)

Ford Motor Co., historical P/S calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 3,974,288,593 3,975,249,685 3,992,337,157 3,973,633,108 4,002,954,437 4,002,225,602 4,000,770,326 3,986,181,861 4,020,494,099 4,020,237,518 4,019,765,355 4,004,247,552 3,996,241,503 3,994,764,392 3,991,644,459 3,978,695,017 3,978,427,360 3,978,388,996 3,977,039,943 3,964,930,325 3,964,896,995 3,918,991,225 3,989,545,901
Selected Financial Data (US$)
Company revenues excluding Ford Credit (in millions) 43,069 44,811 39,890 43,213 41,176 42,427 39,085 41,745 37,205 37,934 32,195 35,305 33,249 24,149 33,565 33,229 34,727 16,632 31,353 36,686 33,945 35,764 37,245
Sales per share2 43.02 42.54 41.76 41.75 41.08 40.09 38.98 37.40 35.48 34.50 31.07 31.53 31.08 31.46 29.60 29.14 30.01 29.82 34.64 36.23 0.00 0.00 0.00
Share price1, 3 10.41 11.16 13.04 12.80 9.96 13.26 11.79 13.23 13.00 14.00 14.62 17.96 16.86 14.39 11.26 11.51 7.90 6.61 5.26 8.31 8.60 9.56 10.41
Valuation Ratio
P/S ratio4 0.24 0.26 0.31 0.31 0.24 0.33 0.30 0.35 0.37 0.41 0.47 0.57 0.54 0.46 0.38 0.39 0.26 0.22 0.15 0.23
Benchmarks
P/S Ratio, Competitors5
General Motors Co. 0.35 0.32 0.32 0.28 0.25 0.33 0.31 0.38 0.39 0.41 0.48 0.68 0.67 0.61 0.77 0.73 0.52 0.36 0.26 0.41
Tesla Inc. 8.61 7.24 5.46 6.28 7.03 9.08 5.99 6.73 8.91 12.52 16.63 17.42 21.97 15.25 18.61 26.28 14.14 10.70 5.57 5.93

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Sales per share = (Company revenues excluding Ford CreditQ3 2024 + Company revenues excluding Ford CreditQ2 2024 + Company revenues excluding Ford CreditQ1 2024 + Company revenues excluding Ford CreditQ4 2023) ÷ No. shares of common stock outstanding
= (43,069,000,000 + 44,811,000,000 + 39,890,000,000 + 43,213,000,000) ÷ 3,974,288,593 = 43.02

3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 10.41 ÷ 43.02 = 0.24

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Ford Motor Co. P/S ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Book Value (P/BV)

Ford Motor Co., historical P/BV calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 3,974,288,593 3,975,249,685 3,992,337,157 3,973,633,108 4,002,954,437 4,002,225,602 4,000,770,326 3,986,181,861 4,020,494,099 4,020,237,518 4,019,765,355 4,004,247,552 3,996,241,503 3,994,764,392 3,991,644,459 3,978,695,017 3,978,427,360 3,978,388,996 3,977,039,943 3,964,930,325 3,964,896,995 3,918,991,225 3,989,545,901
Selected Financial Data (US$)
Equity attributable to Ford Motor Company (in millions) 44,315 43,567 42,870 42,773 44,263 43,677 42,366 43,242 42,125 44,169 44,985 48,519 36,593 34,664 33,828 30,690 33,125 30,824 29,650 33,185 35,349 36,097 36,398
Book value per share (BVPS)2 11.15 10.96 10.74 10.76 11.06 10.91 10.59 10.85 10.48 10.99 11.19 12.12 9.16 8.68 8.47 7.71 8.33 7.75 7.46 8.37 8.92 9.21 9.12
Share price1, 3 10.41 11.16 13.04 12.80 9.96 13.26 11.79 13.23 13.00 14.00 14.62 17.96 16.86 14.39 11.26 11.51 7.90 6.61 5.26 8.31 8.60 9.56 10.41
Valuation Ratio
P/BV ratio4 0.93 1.02 1.21 1.19 0.90 1.22 1.11 1.22 1.24 1.27 1.31 1.48 1.84 1.66 1.33 1.49 0.95 0.85 0.71 0.99 0.96 1.04 1.14
Benchmarks
P/BV Ratio, Competitors5
General Motors Co. 0.83 0.76 0.77 0.69 0.53 0.73 0.65 0.81 0.81 0.76 0.91 1.30 1.45 1.48 1.73 1.76 1.23 0.94 0.78 1.20 1.22 1.34 1.36
Tesla Inc. 11.96 10.38 8.03 9.71 12.61 16.70 10.72 12.26 16.74 23.12 30.33 31.06 38.04 25.74 29.06 37.29 24.85 27.92 15.80 22.03 9.44 7.39 9.11

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
BVPS = Equity attributable to Ford Motor Company ÷ No. shares of common stock outstanding
= 44,315,000,000 ÷ 3,974,288,593 = 11.15

3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 10.41 ÷ 11.15 = 0.93

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Ford Motor Co. P/BV ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.