P/E ratio for Lotus Bakeries (LOTB.BR)
P/E ratio at the end of 2022: 46.3
According to Lotus Bakeries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.7824. At the end of 2022 the company had a P/E ratio of 46.3.
P/E ratio history for Lotus Bakeries from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.3 | 4.09% |
| 2021 | 44.5 | 52.24% |
| 2020 | 29.2 | 18.28% |
| 2019 | 24.7 | 9.52% |
| 2018 | 22.6 | 1.78% |
| 2017 | 22.2 | -27.86% |
| 2016 | 30.8 | 9.23% |
| 2015 | 28.2 | 75.38% |
| 2014 | 16.1 | 13.18% |
| 2013 | 14.2 | 16.63% |
| 2012 | 12.2 | 20.37% |
| 2011 | 10.1 | 2.56% |
| 2010 | 9.85 | 38.51% |
| 2009 | 7.11 | 16.13% |
| 2008 | 6.12 | |
| 2006 | 10.8 | 14.29% |
| 2005 | 9.44 | 10.31% |
| 2004 | 8.56 | -31.78% |
| 2003 | 12.5 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.