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Relatively High Forward P/E Ratio Detected in Shares of Tesla Motors Inc in the Automobile Manufacturers Industry (TSLA, WGO, THO, F, GM)

By Shiri Gupta

Below are the three companies in the Automobile Manufacturers industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Tesla Motors Inc ranks highest with a a forward P/E ratio of 86.11. Winnebago Industries is next with a a forward P/E ratio of 15.84. Thor Industries ranks third highest with a a forward P/E ratio of 12.65.

Ford Motor follows with a a forward P/E ratio of 9.27, and General Motors rounds out the top five with a a forward P/E ratio of 8.32.

SmarTrend recommended that subscribers consider buying shares of General Motors on October 18th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $35.99. Since that recommendation, shares of General Motors have risen 6.8%. We continue to monitor General Motors for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio tesla motors inc winnebago industries thor industries ford motor General Motors

Ticker(s): TSLA WGO THO F GM