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Tesla, Inc. (TSLA) PEG Ratio: 2.98

Is Tesla, Inc.’s PEG ratio high or low?

Tesla, Inc.'s PEG ratio of 2.98 is 33% above its 5-year average of 2.24, around the middle of its 5-year range (0.27–6.53).

The PEG ratio for Tesla, Inc. (TSLA) is 2.98. It is above its 12-month average by 83.38% (1.63).

TSLA PEG Ratio Chart

TSLA PEG Ratio
2.98+1003.70% 1Y
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TSLA Average PEG Ratio Chart

TSLA Current vs Average PEG Ratio Chart

TSLA PEG Ratio Metrics

PEG RATIO

2.98

PEG RATIO AVG TTM

1.63

PEG RATIO AVG 3Y

1.18

PEG RATIO AVG 5Y

2.24

PEG RATIO AVG 10Y

2.21

PEG RATIO AVG 15Y

2.00

PEG RATIO AVG 20Y

2.00

CURRENT VS TTM AVG

+83.38%

CURRENT VS 3Y AVG

+152.54%

CURRENT VS 5Y AVG

+33.15%

CURRENT VS 10Y AVG

+34.58%

CURRENT VS 15Y AVG

+48.67%

CURRENT VS 20Y AVG

+48.67%

TSLA Competitors' PEG Ratio

NAMEMARKET CAPPEG RATIOTTM3Y5Y
Tesla, Inc. (TSLA)2.981.631.182.24
General Motors Company (GM)$75.52B0.250.250.200.20
Ford Motor Company (F)$56.36BN/A0.110.140.11
Rivian Automotive, Inc. (RIVN)$19.76B0.190.170.140.14
Lucid Group, Inc. (LCID)$1.64B0.220.280.220.20
NIO Inc. (NIO)$12.45B0.140.200.200.52

Growth-Adjusted Valuation

PEG Ratio

2.98

P/E Ratio

362.9

Tesla, Inc. PEG Ratio Formula & Definition

PEG Ratio = PE Ratio / Earnings Growth Rate

The PEG ratio adjusts the PE ratio for expected earnings growth. A PEG near 1 is often considered fairly valued relative to growth.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Tesla, Inc. PEG Ratio FAQ

What is the PEG ratio for Tesla, Inc. (TSLA)?
The PEG ratio for TSLA stock is 2.98.
Is Tesla, Inc.'s PEG ratio high or low?
Tesla, Inc.'s PEG ratio of 2.98 is 33% above its 5-year average of 2.24, around the middle of its 5-year range (0.27–6.53).
What is the TTM average PEG ratio for Tesla, Inc. (TSLA)?
The TTM average PEG ratio for TSLA stock is 1.63.
What is the 3Y average PEG ratio for Tesla, Inc. (TSLA)?
The 3Y average PEG ratio for TSLA stock is 1.18.
What is the 5Y average PEG ratio for Tesla, Inc. (TSLA)?
The 5Y average PEG ratio for TSLA stock is 2.24.
What is the 10Y average PEG ratio for Tesla, Inc. (TSLA)?
The 10Y average PEG ratio for TSLA stock is 2.21.
What is the 15Y average PEG ratio for Tesla, Inc. (TSLA)?
The 15Y average PEG ratio for TSLA stock is 2.00.
What is the 20Y average PEG ratio for Tesla, Inc. (TSLA)?
The 20Y average PEG ratio for TSLA stock is 2.00.

Tesla, Inc. PEG Ratio History

DATEPEG RATIO
2023-12-312.98
2022-12-310.27
2021-12-310.29
2019-12-316.53
2018-12-311.12
2016-12-311.40
2013-12-312.91
2011-12-310.75
2009-12-311.79

About Tesla, Inc.

Tesla, Inc. operates globally, specializing in the creation, production, and distribution of electric vehicles, alongside comprehensive energy generation and storage solutions. Its market reach extends across the United States, China, and various other international regions. The company's operations are primarily divided into two main segments: its Automotive business and its Energy Generation and Storage division. Within its Automotive division, Tesla not only provides a range of electric cars but also generates revenue from selling automotive regulatory credits. This segment further encompasses a variety of post-sale services, including non-warranty vehicle support, sales of pre-owned vehicles, various retail products, and car insurance offerings. Customers can acquire Tesla's sedans and sport utility vehicles through direct sales, purchases of used vehicles, or via in-app upgrades often facilitated by the extensive Tesla Supercharger network. The company supports these acquisitions with financing and leasing options. Furthermore, it ensures vehicle upkeep through its proprietary service centers and a fleet of mobile technicians, complemented by both standard and extended vehicle warranty programs. The Energy Generation and Storage segment focuses on the development, manufacturing, setup, sale, and rental of solar power systems and energy storage products, along with associated services. This caters to a diverse clientele, spanning residential users, commercial enterprises, industrial entities, and public utilities. Distribution channels include Tesla's online platform, physical stores, galleries, and a network of collaborative partners. The company also offers servicing and repairs for its energy products, including warranty support, and provides multiple financing avenues for those investing in its solar solutions. Founded in 2003, the corporation was initially named Tesla Motors, Inc., before officially rebranding to Tesla, Inc. in February 2017. Its corporate headquarters are situated in Austin, Texas.

Austin, TX
125,665 employees
Consumer Cyclical / Auto - Manufacturers
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
CEO
Elon R. Musk