P/E ratio for Lancaster Colony Corporation (LANC)

P/E ratio history for Lancaster Colony Corporation from 2001 to 2024

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
J.M. Smucker Company SJM	-7.42	-127.04%	🇺🇸 USA
TreeHouse Foods THS	-5.01	-118.26%	🇺🇸 USA
J&J Snack Foods JJSF	21.7	-20.94%	🇺🇸 USA
Campbell's CPB	14.2	-48.39%	🇺🇸 USA
Conagra Brands CAG	10.0	-63.46%	🇺🇸 USA
Seneca Foods SENEA	10.7	-61.15%	🇺🇸 USA
Hain Celestial HAIN	-0.1922	-100.70%	🇺🇸 USA

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.