Tesla Inc (TSLA) valuation
Tesla P/E ratio history
Tesla trades at 439.4 times its earnings over the last twelve months and 194.9 times the earnings analysts expect over the next twelve. At its last 5 fiscal year ends its P/E ranged from 34.0 (year to Dec 2022) to 416.4 (year to Dec 2025), with a median of 198.0.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $449.72 | $1.08 | 416.4 | 215.9 |
| Dec 31, 2024 | $403.84 | $2.04 | 198.0 | 131.7 |
| Dec 31, 2023 | $248.48 | $4.30 | 57.8 | 75.3 |
| Dec 31, 2022 | $123.18 | $3.62 | 34.0 | 24.2 |
| Dec 31, 2021 | $352.26 | $1.63 | 216.1 | 137.1 |
| Dec 31, 2020 | $235.22 | $0.21 | n/m | — |
| Dec 31, 2019 | $27.89 | -$0.33 | n/m | — |
| Dec 31, 2018 | $22.19 | -$0.38 | n/m | — |
| Dec 31, 2017 | $20.76 | -$0.79 | n/m | — |
| Dec 31, 2016 | $14.25 | -$0.32 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Tesla valuation against its peers
| Company | Market value | Price / sales |
|---|---|---|
| TeslaTSLA | $1.58T | 15.3 |
| Rivian AutomotiveRIVN | $15.3B | 2.6 |
| Lucid GroupLCID | $1.18B | 0.8 |
| Peer median | 1.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: TSLA financials · TSLA returns
No forecast, no recommendation. This page describes Tesla Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.