P/E ratio for LendingClub (LC)
P/E ratio as of May 2024 (TTM): 18.4
According to LendingClub 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4082. At the end of 2022 the company had a P/E ratio of 3.14.
P/E ratio history for LendingClub from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.14 | -97.79% |
| 2021 | 142 | -3655.88% |
| 2020 | -4.00 | -88.85% |
| 2019 | -35.9 | 306.55% |
| 2018 | -8.83 | -20.93% |
| 2017 | -11.2 | -21.33% |
| 2016 | -14.2 | -97.76% |
| 2015 | -632 | 836.99% |
| 2014 | -67.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 World Acceptance Corporation WRLD | 13.3 | -27.52% | 🇺🇸 USA |
 Sallie Mae SLM | 15.4 | -16.20% | 🇺🇸 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.