According to LG Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.13499. At the end of 2022 the company had a P/E ratio of 6.30.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.30 | 25.29% |
2021 | 5.03 | -52.05% |
2020 | 10.5 | -11.78% |
2019 | 11.9 | 85.25% |
2018 | 6.42 | -3.61% |
2017 | 6.66 | -32.12% |
2016 | 9.81 | -25.55% |
2015 | 13.2 | 3.47% |
2014 | 12.7 | 1.46% |
2013 | 12.6 | -0.26% |
2012 | 12.6 | 14.12% |
2011 | 11.0 | 10.1% |
2010 | 10.0 | 18.88% |
2009 | 8.43 | 3.57% |
2008 | 8.14 | -41.09% |
2007 | 13.8 |
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.