P/E ratio for Bank Leumi (LUMI.TA)
P/E ratio as of March 2023 (TTM): 6.15
According to Bank Leumi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.15301. At the end of 2021 the company had a P/E ratio of 7.10.
P/E ratio history for Bank Leumi from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.10 | -41.11% |
| 2020 | 12.0 | 17.12% |
| 2019 | 10.3 | -8.77% |
| 2018 | 11.3 | 12.49% |
| 2017 | 10.0 | 8.63% |
| 2016 | 9.23 | 20.1% |
| 2015 | 7.68 | -45.8% |
| 2014 | 14.2 | 36.21% |
| 2013 | 10.4 | -50.82% |
| 2012 | 21.2 | 125.16% |
| 2011 | 9.40 | -18.64% |
| 2010 | 11.6 | -12.08% |
| 2009 | 13.1 | -90.33% |
| 2008 | 136 | 1469.41% |
| 2007 | 8.66 |
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.