Lumine Group
LMN.V
#2371
Rank
$6.22 B
Marketcap
$23.35
Share price
0.00%
Change (1 day)
85.15%
Change (1 year)

P/E ratio for Lumine Group (LMN.V)

P/E ratio as of October 2024 (TTM): -1.26

According to Lumine Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.25993.

P/E ratio history for Lumine Group from 2023 to 2023

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.