Landec
LNDC
#7453
Rank
C$0.35 B
Marketcap
$11.88
Share price
-3.52%
Change (1 day)
-14.87%
Change (1 year)
Categories

P/E ratio for Landec (LNDC)

P/E ratio on January 17, 2023 (TTM): -2.59

According to Landec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.59375. At the end of 2021 the company had a P/E ratio of -5.81.

P/E ratio history for Landec from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-5.81-6.69%
2020-6.23-79.83%
2019-30.9-306.04%
201815.0-62.56%
201740.0-227.56%
2016-31.4-225.74%
201524.911.69%
201422.322.55%
201318.241.7%
201212.9
2003659

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.58-430.95%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-698.18%๐Ÿ‡บ๐Ÿ‡ธ USA
48.4-1,965.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-795 30,563.44%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-797.52%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5-583.49% Cayman Islands
17.7-780.59%๐Ÿ‡บ๐Ÿ‡ธ USA
29.2-1,223.89%๐Ÿ‡บ๐Ÿ‡ธ 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.