According to Lenzing 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.44908. At the end of 2022 the company had a P/E ratio of -21.9.
Year | P/E ratio | Change |
---|---|---|
2022 | -21.9 | -174.98% |
2021 | 29.2 | -91.46% |
2020 | 341 | 1808.92% |
2019 | 17.9 | 22.53% |
2018 | 14.6 | 44.4% |
2017 | 10.1 | -24.12% |
2016 | 13.3 | -6.63% |
2015 | 14.3 | -114.43% |
2014 | -98.8 | -545.69% |
2013 | 22.2 | 111.66% |
2012 | 10.5 | 97.68% |
2011 | 5.30 | -60.8% |
2010 | 13.5 | -3.54% |
2009 | 14.0 |
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.