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However, consumercyclical stocksusually have higher earnings because consumers may be more willing to purchase on credit when rates are low. 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. The stock price has decreased by -47.76{3701e4e01477974df85d03acecbd225490ddfe9cb0616ec594651c979a691120} in the last 52 weeks. The beta is 2.07, so Tesla’s price volatility has been higher than the market average. The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company’s balance sheet.
What is the PE ratio of Tesla?
The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Tesla PE ratio as of March 31, 2023 is 53.90.
Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy. EPS provides the “E” or earnings portion of the P/E valuation ratio as shown below. Bloomberg The Open Jonathan Ferro drives you through the market moving events from around the world on Bloomberg’s The Open. 60 minutes featuring the brightest minds on Wall Street, taking you through the most important hour of the trading day.
Tesla Inc.
Share prices change moment by moment, and companies release new earnings figures every three months. As a result, a company’s trailing P/E ratio will change constantly. The definition of the price-to-earnings ratio, usually called a P/E ratio, is the ratio between the price of the company’s stock and the company’s earnings per share. The biggest limitation to the tesla price to earnings ratio P/E ratio is that it tells investors little about the company’s EPS growth prospects. If the company is growing quickly, an investor might be comfortable buying it at a high P/E ratio expecting earnings growth to bring the P/E back down to a lower level. If earnings are not growing quickly enough, an investor might look elsewhere for a stock with a lower P/E.
Tesla reported an EPS of $1.19 in its last earnings report, beating expectations of $1.129. Following the earnings report the stock price went up 10.967{3701e4e01477974df85d03acecbd225490ddfe9cb0616ec594651c979a691120}. When, or if, you should stop investing in stocks is a personal decision that will vary from person to person. The right answer depends on a wide variety of factors, from your life expectancy to your…
Latest On Tesla Inc
Current and historical p/e ratio for Tesla from 2010 to 2022. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure.
We help investors to determine the real value of Tesla using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tesla Inc based on its fundamental data. We derive many important indicators used in calculating different scores of Tesla from analyzing Tesla’s financial statements.