Price to Earnings (P/E)
since 2005
Calculation
Ford Motor Co., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to Ford Motor Company1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 6, 2025 | 6.24 | = | 9.26 | ÷ | 1.48 | 1.48 | = | 5,879 | ÷ | 3,963,447,704 | |
| Feb 7, 2024 | 11.70 | = | 12.80 | ÷ | 1.09 | 1.09 | = | 4,347 | ÷ | 3,973,633,108 | |
| Feb 3, 2023 | — | = | 13.23 | ÷ | -0.50 | -0.50 | = | -1,981 | ÷ | 3,986,181,861 | |
| Feb 4, 2022 | 4.01 | = | 17.96 | ÷ | 4.48 | 4.48 | = | 17,937 | ÷ | 4,004,247,552 | |
| Feb 5, 2021 | — | = | 11.51 | ÷ | -0.32 | -0.32 | = | -1,279 | ÷ | 3,978,695,017 | |
| Feb 5, 2020 | 701.03 | = | 8.31 | ÷ | 0.01 | 0.01 | = | 47 | ÷ | 3,964,930,325 | |
| Feb 21, 2019 | 9.42 | = | 8.71 | ÷ | 0.92 | 0.92 | = | 3,677 | ÷ | 3,978,551,737 | |
| Feb 8, 2018 | 5.45 | = | 10.43 | ÷ | 1.91 | 1.91 | = | 7,602 | ÷ | 3,973,351,656 | |
| Feb 9, 2017 | 10.71 | = | 12.38 | ÷ | 1.16 | 1.16 | = | 4,596 | ÷ | 3,974,297,169 | |
| Feb 11, 2016 | 6.01 | = | 11.17 | ÷ | 1.86 | 1.86 | = | 7,373 | ÷ | 3,969,513,255 | |
| Feb 13, 2015 | 20.23 | = | 16.30 | ÷ | 0.81 | 0.81 | = | 3,187 | ÷ | 3,955,941,825 | |
| Feb 18, 2014 | 8.48 | = | 15.39 | ÷ | 1.81 | 1.81 | = | 7,155 | ÷ | 3,943,822,377 | |
| Feb 19, 2013 | 8.99 | = | 12.99 | ÷ | 1.44 | 1.44 | = | 5,665 | ÷ | 3,922,247,667 | |
| Feb 21, 2012 | 2.36 | = | 12.53 | ÷ | 5.32 | 5.32 | = | 20,213 | ÷ | 3,800,746,841 | |
| Feb 28, 2011 | 8.68 | = | 15.05 | ÷ | 1.73 | 1.73 | = | 6,561 | ÷ | 3,782,710,935 | |
| Feb 25, 2010 | 14.60 | = | 11.78 | ÷ | 0.81 | 0.81 | = | 2,717 | ÷ | 3,368,265,681 | |
| Feb 26, 2009 | — | = | 1.98 | ÷ | -6.12 | -6.12 | = | -14,672 | ÷ | 2,396,320,837 | |
| Feb 27, 2008 | — | = | 6.60 | ÷ | -1.23 | -1.23 | = | -2,723 | ÷ | 2,207,002,130 | |
| Feb 28, 2007 | — | = | 7.91 | ÷ | -6.66 | -6.66 | = | -12,613 | ÷ | 1,892,538,498 | |
| Mar 1, 2006 | 7.32 | = | 7.95 | ÷ | 1.09 | 1.09 | = | 2,024 | ÷ | 1,864,138,469 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Ford Motor Co. Annual Report.
The share price exhibited notable volatility throughout the analyzed period. Beginning at $7.95, it experienced a decline to $1.98 by early 2009, followed by a substantial recovery peaking at $17.96 in early 2022. The following years saw downward adjustments, ending at $9.26 in early 2025. This fluctuation suggests periods of significant market uncertainty and recovery phases.
Earnings per share (EPS) reflected a turbulent earnings performance. The company recorded negative EPS values in several years, most prominently around 2007-2009 and again in 2021 and 2023, indicating losses during these intervals. Despite these setbacks, there were periods of positive and improving EPS, notably in 2012 with $5.32 and in 2022 with $4.48, demonstrating episodes of profitability and operational strength.
The Price-to-Earnings (P/E) ratio data is intermittent; however, where available, it shows considerable variability. Early on, the P/E ratio was relatively low at 7.32 and varied thereafter, peaking at an outlier value of 701.03 around 2020, which may reflect an EPS near zero combined with a relatively stable share price. Other P/E values ranged from 2.36 to 20.23, suggesting fluctuating investor expectations about earnings growth and valuation.
- Share Price Trends
- Experienced a sharp decline until 2009, followed by a recovery phase reaching a peak in 2022, then declined again through 2025.
- EPS Performance
- Marked by significant volatility, with negative earnings in multiple years indicating periods of loss, intermixed with profitable years showing notable recovery in earnings.
- P/E Ratio Movements
- Variable and sometimes extreme, reflecting changes in earnings and investor sentiment; occasional data gaps limit comprehensive trend analysis.
Overall, the financial data indicates a company facing fluctuating operational results and market valuation challenges, with significant periods of both distress and recovery over the study interval.
Comparison to Competitors
Ford Motor Co., P/E, long-term trends, comparison to competitors
| Ford Motor Co. | General Motors Co. | Tesla Inc. | |
|---|---|---|---|
| Feb 6, 2025 | 6.24 | 6.93 | 181.57 |
| Feb 7, 2024 | 11.70 | 4.39 | 40.55 |
| Feb 3, 2023 | — | 6.15 | 43.65 |
| Feb 4, 2022 | 4.01 | 7.90 | 169.91 |
| Feb 5, 2021 | — | 12.66 | 1,149.47 |
| Feb 5, 2020 | 701.03 | 7.61 | — |
| Feb 21, 2019 | 9.42 | 7.11 | — |
| Feb 8, 2018 | 5.45 | — | — |
| Feb 9, 2017 | 10.71 | 5.58 | — |
| Feb 11, 2016 | 6.01 | 4.61 | — |
| Feb 13, 2015 | 20.23 | 20.58 | — |
| Feb 18, 2014 | 8.48 | 14.86 | — |
| Feb 19, 2013 | 8.99 | 7.81 | — |
| Feb 21, 2012 | 2.36 | 5.46 | — |
| Feb 28, 2011 | 8.68 | 11.02 | — |
| Feb 25, 2010 | 14.60 | — | — |
| Feb 26, 2009 | — | — | — |
| Feb 27, 2008 | — | — | — |
| Feb 28, 2007 | — | — | — |
| Mar 1, 2006 | 7.32 | — | — |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Automobiles & Components)
Ford Motor Co., P/E, long-term trends, comparison to sector (automobiles & components)
| Ford Motor Co. | Automobiles & Components | |
|---|---|---|
| Feb 6, 2025 | 6.24 | 68.16 |
| Feb 7, 2024 | 11.70 | 23.94 |
| Feb 3, 2023 | — | 33.64 |
| Feb 4, 2022 | 4.01 | 32.66 |
| Feb 5, 2021 | — | 167.63 |
| Feb 5, 2020 | 701.03 | 39.68 |
| Feb 21, 2019 | 9.42 | 13.54 |
| Feb 8, 2018 | 5.45 | 90.66 |
| Feb 9, 2017 | 10.71 | 10.65 |
| Feb 11, 2016 | 6.01 | 6.97 |
| Feb 13, 2015 | 20.23 | 26.02 |
| Feb 18, 2014 | 8.48 | 13.63 |
| Feb 19, 2013 | 8.99 | 9.21 |
| Feb 21, 2012 | 2.36 | 3.36 |
| Feb 28, 2011 | 8.68 | 9.99 |
| Feb 25, 2010 | 14.60 | 14.60 |
| Feb 26, 2009 | — | — |
| Feb 27, 2008 | — | — |
| Feb 28, 2007 | — | — |
| Mar 1, 2006 | 7.32 | 7.32 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Ford Motor Co., P/E, long-term trends, comparison to industry (consumer discretionary)
| Ford Motor Co. | Consumer Discretionary | |
|---|---|---|
| Feb 6, 2025 | 6.24 | 111.86 |
| Feb 7, 2024 | 11.70 | 33.07 |
| Feb 3, 2023 | — | 44.76 |
| Feb 4, 2022 | 4.01 | 38.75 |
| Feb 5, 2021 | — | 72.10 |
| Feb 5, 2020 | 701.03 | 39.37 |
| Feb 21, 2019 | 9.42 | 33.13 |
| Feb 8, 2018 | 5.45 | 47.03 |
| Feb 9, 2017 | 10.71 | 29.19 |
| Feb 11, 2016 | 6.01 | 24.70 |
| Feb 13, 2015 | 20.23 | 29.48 |
| Feb 18, 2014 | 8.48 | 26.50 |
| Feb 19, 2013 | 8.99 | 20.90 |
| Feb 21, 2012 | 2.36 | 11.38 |
| Feb 28, 2011 | 8.68 | 17.54 |
| Feb 25, 2010 | 14.60 | 18.66 |
| Feb 26, 2009 | — | 303.41 |
| Feb 27, 2008 | — | 24.33 |
| Feb 28, 2007 | — | 117.34 |
| Mar 1, 2006 | 7.32 | 17.54 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).