Tesla, Inc. (TSLA) P/E Ratio History
Historical price-to-earnings valuation from 2020 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, Tesla, Inc. (TSLA) trades at a price-to-earnings ratio of 372.7x, with a stock price of $402.51 and trailing twelve-month earnings per share of $1.07.
The current P/E is 109% above its 5-year average of 178.7x. Over the past five years, TSLA's P/E has ranged from a low of 34.0x to a high of 685.3x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 18.8x, TSLA trades at a 1887% premium to its sector peers. The sector includes 304 companies with P/E ratios ranging from 0.1x to 189.6x.
The PEG ratio of 9.62 (P/E divided by -47% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, TSLA commands a significant premium over the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TSLA DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Electric-only passenger car makers peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
TSLATesla, Inc. | $1.5T | 372.7 | 9.62Best | -47% |
LILi Auto Inc. | $35B | 16.0Lowest | - | -32%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $449.72 | $1.08 | 416.7x | +55% |
| FY2025 Q3 | $444.72 | $1.50 | 297.0x | +11% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $317.66 | $1.73 | 183.9x | -31% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $259.16 | $1.79 | 144.4x | -46% |
| FY2024 Q4 | $403.84 | $2.09 | 193.4x | -28% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $261.63 | $3.70 | 70.7x | -74% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $197.88 | $3.61 | 54.8x | -80% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $175.79 | $3.99 | 44.1x | -84% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $248.48 | $4.31 | 57.7x | -78% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $250.22 | $3.11 | 80.5x | -70% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $261.77 | $3.53 | 74.2x | -72% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $207.46 | $3.40 | 61.0x | -77% |
Average P/E for displayed period: 268.1x
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Start ComparisonFrequently Asked Questions
Is TSLA stock overvalued or undervalued?
TSLA trades at 372.7x P/E, above its 5-year average of 178.7x. The 90th percentile ranking indicates a premium to historical valuation.
How does TSLA's valuation compare to peers?
Tesla, Inc. P/E of 372.7x compares to sector median of 18.8x. The premium reflects expected growth above peers.
What is TSLA's PEG ratio?
TSLA PEG ratio is 9.62. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2020-2025.