According to Lamb Weston's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46485. At the end of 2022 the company had a P/E ratio of 27.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 27.2 | -42.83% |
2021 | 47.7 | 22.25% |
2020 | 39.0 | 57.23% |
2019 | 24.8 | 8.53% |
2018 | 22.8 | -12.18% |
2017 | 26.0 | 46.42% |
2016 | 17.8 |
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.