P/E ratio for Learning Technologies Group (LTG.L)
P/E ratio at the end of 2023: 22.1
According to Learning Technologies Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2724.3. At the end of 2023 the company had a P/E ratio of 22.1.
P/E ratio history for Learning Technologies Group from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 22.1 | -30.97% |
| 2022 | 32.0 | -63.14% |
| 2021 | 86.8 | 22.3% |
| 2020 | 70.9 | -16.76% |
| 2019 | 85.2 | -23.49% |
| 2018 | 111 | -35.11% |
| 2017 | 172 | -250.51% |
| 2016 | -114 | -265.23% |
| 2015 | 69.0 | -119.05% |
| 2014 | -362 | 1520.68% |
| 2013 | -22.4 | -117.44% |
| 2012 | 128 |
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.