P/E ratio for Lakeland Industries (LAKE)
P/E ratio as of June 2024 (TTM): 25.6
According to Lakeland Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.589. At the end of 2022 the company had a P/E ratio of 44.3.
P/E ratio history for Lakeland Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.3 | 388.28% |
| 2021 | 9.08 | 18.62% |
| 2020 | 7.65 | -99.29% |
| 2019 | > 1000 | -2582.76% |
| 2018 | -43.5 | -354.12% |
| 2017 | 17.1 | -67.01% |
| 2016 | 51.9 | 1021.3% |
| 2015 | 4.63 | -138.52% |
| 2014 | -12.0 | 617.12% |
| 2013 | -1.68 | -36.84% |
| 2012 | -2.65 | -111.99% |
| 2011 | 22.1 | -52.19% |
| 2010 | 46.3 | -32.05% |
| 2009 | 68.1 | 619.65% |
| 2008 | 9.46 | -46.39% |
| 2007 | 17.6 | 28.55% |
| 2006 | 13.7 | -13.91% |
| 2005 | 15.9 | 0.62% |
| 2004 | 15.8 | -9.82% |
| 2003 | 17.6 | 96.79% |
| 2002 | 8.93 | -46.42% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kimberly-Clark KMB | 24.8 | -2.92% | 🇺🇸 USA |
 VF Corporation VFC | -22.4 | -187.61% | 🇺🇸 USA |
 Honeywell HON | 24.7 | -3.55% | 🇺🇸 USA |
 Dupont De Nemours DD | 8.44 | -67.00% | 🇺🇸 USA |
 Deckers Brands DECK | 46.4 | 81.34% | 🇺🇸 USA |
 Delta Apparel DLA | -0.4980 | -101.95% | 🇺🇸 USA |
 Oxford Industries
OXM | 10.4 | -59.49% | 🇺🇸 USA |
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.