P/E ratio for LPP SA (LPP.WA)
P/E ratio as of May 2024 (TTM): 29.4
According to LPP SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.4358. At the end of 2022 the company had a P/E ratio of 134.
P/E ratio history for LPP SA from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 134 | 349.78% |
| 2021 | 29.7 | |
| 2018 | 28.5 | -22.88% |
| 2017 | 36.9 | -37.36% |
| 2016 | 59.0 | 105.79% |
| 2015 | 28.7 | 5.1% |
| 2014 | 27.3 | -28.08% |
| 2013 | 37.9 | 65.08% |
| 2012 | 23.0 | 75.26% |
| 2011 | 13.1 | -52.19% |
| 2010 | 27.4 | 4.4% |
| 2009 | 26.3 |
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.