According to Lindex Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.27828. At the end of 2023 the company had a P/E ratio of 8.83.
Year | P/E ratio | Change |
---|---|---|
2023 | 8.83 | 191.16% |
2022 | 3.03 | -41.01% |
2021 | 5.14 | -1818.7% |
2020 | -0.2992 | -89.52% |
2019 | -2.85 | 0.6% |
2018 | -2.84 | 94.27% |
2017 | -1.46 | -97.52% |
2016 | -58.8 | 2187.44% |
2015 | -2.57 | -43.79% |
2014 | -4.58 | -127.77% |
2013 | 16.5 | -12.28% |
2012 | 18.8 | -32.58% |
2011 | 27.9 | 8.29% |
2010 | 25.7 | 11.03% |
2009 | 23.2 | 56.98% |
2008 | 14.8 | -21.17% |
2007 | 18.7 | -0.94% |
2006 | 18.9 | 8267.12% |
2005 | 0.2259 | 17.64% |
2004 | 0.1920 | -98.8% |
2003 | 16.1 | -36.02% |
2002 | 25.1 |
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.