P/E ratio for Estee Lauder (EL)
P/E ratio as of June 2024 (TTM): 78.8
According to Estee Lauder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 78.8247. At the end of 2022 the company had a P/E ratio of 59.5.
P/E ratio history for Estee Lauder from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.5 | 44.49% |
| 2021 | 41.2 | -60.71% |
| 2020 | 105 | 161.82% |
| 2019 | 40.0 | 37.22% |
| 2018 | 29.2 | -33.06% |
| 2017 | 43.6 | 67.49% |
| 2016 | 26.0 | -6.34% |
| 2015 | 27.8 | 8.27% |
| 2014 | 25.7 | -11.78% |
| 2013 | 29.1 | 16.6% |
| 2012 | 24.9 | -3.63% |
| 2011 | 25.9 | 0.38% |
| 2010 | 25.8 | 10.36% |
| 2009 | 23.4 | 61.48% |
| 2008 | 14.5 | -24.36% |
| 2007 | 19.1 | -16.59% |
| 2006 | 22.9 | -3.42% |
| 2005 | 23.7 | -8.18% |
| 2004 | 25.9 | -14.37% |
| 2003 | 30.2 | -8.48% |
| 2002 | 33.0 | -1.19% |
| 2001 | 33.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 25.7 | -67.42% | 🇺🇸 USA |
 Coty COTY | 17.6 | -77.71% | 🇺🇸 USA |
 Unilever UL | 27.1 | -65.56% | 🇬🇧 UK |
 Revlon REVRQ | -0.0057 | -100.01% | 🇺🇸 USA |
 Interparfums IPAR | 25.9 | -67.13% | 🇺🇸 USA |
 Nu Skin NUS | 11.1 | -85.97% | 🇺🇸 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.