P/E ratio for Lloyds Banking Group (LYG)
P/E ratio as of May 2024 (TTM): 6.94
According to Lloyds Banking Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.94283. At the end of 2022 the company had a P/E ratio of 6.26.
P/E ratio history for Lloyds Banking Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.26 | 0.75% |
| 2021 | 6.21 | -87.75% |
| 2020 | 50.7 | 161.78% |
| 2019 | 19.4 | 121.29% |
| 2018 | 8.75 | -40.39% |
| 2017 | 14.7 | -27.5% |
| 2016 | 20.2 | -77.84% |
| 2015 | 91.4 | 105.26% |
| 2014 | 44.5 | -86.99% |
| 2013 | 342 | -1241.83% |
| 2012 | -30.0 | -3.8% |
| 2011 | -31.1 | -1445.02% |
| 2010 | 2.32 | |
| 2007 | 8.25 | -33.61% |
| 2006 | 12.4 | 14.45% |
| 2005 | 10.9 | -13.24% |
| 2004 | 12.5 | 6.33% |
| 2003 | 11.8 | -27.69% |
| 2002 | 16.3 | -30.97% |
| 2001 | 23.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 13.4 | 92.78% | 🇨🇦 Canada |
 Santander SAN | 7.69 | 10.83% | 🇪🇸 Spain |
 Barclays BCS | 6.27 | -9.66% | 🇬🇧 UK |
 Bancolombia
CIB | 5.77 | -16.84% | 🇨🇴 Colombia |
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.