According to LG Chem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0143. At the end of 2022 the company had a P/E ratio of 25.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 25.4 | 94.2% |
2021 | 13.1 | -89.43% |
2020 | 124 | 58.93% |
2019 | 77.7 | 343.29% |
2018 | 17.5 | 8.24% |
2017 | 16.2 | 8.12% |
2016 | 15.0 | -28.5% |
2015 | 21.0 | 36.61% |
2014 | 15.3 | -11.84% |
2013 | 17.4 | 4% |
2012 | 16.7 | 53.2% |
2011 | 10.9 | -18.03% |
2010 | 13.3 | 17.29% |
2009 | 11.4 | 92.39% |
2008 | 5.90 | -37.35% |
2007 | 9.42 |
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.