In the current session, the stock is trading at $340.80, after a 2.36% increase. Over the past month, Lithia Motors Inc. LAD stock increased by 2.96%, and in the past year, by 10.16%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Lithia Motors P/E Compared to CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate mark ...