P/E ratio for LPL Financial (LPLA)

P/E ratio history for LPL Financial from 2010 to 2023

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
Nomura Holdings NMR	18.3	-12.63%	🇯🇵 Japan
Raymond James RJF	19.7	-5.83%	🇺🇸 USA
T. Rowe Price TROW	16.8	-19.51%	🇺🇸 USA
Charles Schwab SCHW	26.6	27.46%	🇺🇸 USA
Morgan Stanley MS	23.6	13.03%	🇺🇸 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.