Tesla, Inc. (TSLA) P/E Ratio History
ExpensiveTrading at 370.8x vs 5Y avg 161.4x · 95th percentile · Material premium to history · Data 2020–2026
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P/E Ratio Analysis
As of June 21, 2026, Tesla, Inc. (TSLA) trades at a price-to-earnings ratio of 370.8x, with a stock price of $400.49 and trailing twelve-month earnings per share of $1.10.
The current P/E is 130% above its 5-year average of 161.4x. Over the past five years, TSLA's P/E has ranged from a low of 34.0x to a high of 416.7x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, TSLA trades at a 1653% premium to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
The PEG ratio of 9.57 (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 24.4x. 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.
TSLA Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
TSLA P/E vs Peers
Electric-only passenger car makers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $71B | 24.2 | - | -49% | |
| $7B | 40.5 | 6.42 | +72%Best | |
| $28B | 18.1Lowest | 0.59Best | +18% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
TSLA Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $371.80 | $1.09 | 340.2x | +25% |
| FY2025 Q4 | Dec 31 2025 | $449.72 | $1.08 | 416.7x | +54% |
| FY2025 Q3 | - | $444.72 | $1.50 | 297.0x | +10% |
| FY2025 Q2 | Jun 30 2025 | $317.66 | $1.73 | 183.9x | -32% |
| FY2025 Q1 | Mar 31 2025 | $259.16 | $1.79 | 144.4x | -47% |
| FY2024 Q4 | - | $403.84 | $2.09 | 193.4x | -29% |
| FY2024 Q3 | Sep 30 2024 | $261.63 | $3.70 | 70.7x | -74% |
| FY2024 Q2 | Jun 30 2024 | $197.88 | $3.61 | 54.8x | -80% |
| FY2024 Q1 | Mar 31 2024 | $175.79 | $3.99 | 44.1x | -84% |
| FY2023 Q4 | Dec 31 2023 | $248.48 | $4.31 | 57.7x | -79% |
| FY2023 Q3 | Sep 30 2023 | $250.22 | $3.11 | 80.5x | -70% |
| FY2023 Q2 | Jun 30 2023 | $261.77 | $3.53 | 74.2x | -73% |
| FY2023 Q1 | Mar 31 2023 | $207.46 | $3.40 | 61.0x | -77% |
| FY2022 Q4 | Dec 31 2022 | $123.18 | $3.62 | 34.0x | -87% |
| FY2022 Q3 | Sep 30 2022 | $265.25 | $3.09 | 85.8x | -68% |
| FY2022 Q2 | - | $224.47 | $2.62 | 85.7x | -68% |
| FY2022 Q1 | - | $359.20 | $2.31 | 155.5x | -43% |
| FY2021 Q4 | Dec 31 2021 | $352.26 | $1.49 | 236.4x | -13% |
| FY2021 Q3 | - | $258.49 | $1.02 | 253.2x | -7% |
| FY2021 Q2 | Jun 30 2021 | $226.57 | $0.63 | 358.8x | +32% |
| FY2021 Q1 | Mar 31 2021 | $222.64 | $0.32 | 685.3x | +153% |
| FY2020 Q4 | - | $235.22 | $0.20 | 1174.3x | +333% |
| FY2020 Q3 | Sep 30 2020 | $143.00 | $0.17 | 857.3x | +216% |
| FY2020 Q2 | - | $71.99 | $0.13 | 562.4x | +107% |
Average P/E for displayed period: 271.1x
Full Stock Analysis
Deep dive into TSLA consensus models and risk factors.
Should I Buy TSLA?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TSLA — Frequently Asked Questions
Quick answers to the most common questions about buying TSLA stock.
What is TSLA's P/E ratio?
Tesla, Inc. (TSLA) trailing twelve-month P/E ratio is 370.8x, based on TTM diluted EPS of $1.10. The 5-year average P/E is 161.4x and the historical range spans 34.0x to 416.7x.
Is TSLA stock overvalued or undervalued?
TSLA trades at 370.8x P/E, above its 5-year average of 161.4x. The 95th percentile ranking within the 34.0x–416.7x historical range indicates a premium to historical valuation.
Is TSLA stock expensive?
Yes, TSLA is expensive relative to its own history. The current P/E of 370.8x is above the 5-year average of 161.4x and also above the Consumer Cyclical sector median of 21.2x. The stock sits at the 95th percentile of its 5-year valuation range.
What is TSLA's historical P/E range?
Over the past 5 years, TSLA's P/E ratio has ranged from 34.0x to 416.7x, with a median of 144.4x and an average of 161.4x. The current P/E of 370.8x places the stock at the 95th percentile of this range. Full historical data spans 2020–2026.
How does TSLA's P/E compare to the S&P 500?
TSLA trades at 370.8x P/E versus the S&P 500 median of 24.4x. The 1420% premium to the market typically reflects higher expected earnings growth or quality.
How does TSLA's valuation compare to Consumer Cyclical peers?
Tesla, Inc. P/E of 370.8x compares to the Consumer Cyclical sector median of 21.2x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is TSLA's PEG ratio?
TSLA PEG ratio is 9.57, based on a P/E of 370.8x and EPS growth of -47.0%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is TSLA's earnings yield?
TSLA earnings yield is 0.27%, the inverse of its 370.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.