According to Luxshare Precision 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.8763. At the end of 2024 the company had a P/E ratio of 22.4.
Year | P/E ratio | Change |
---|---|---|
2024 | 22.4 | 0.1% |
2023 | 22.4 | -9.11% |
2022 | 24.6 | -48.76% |
2021 | 48.0 | -11.79% |
2020 | 54.4 | 36.77% |
2019 | 39.8 | 86.66% |
2018 | 21.3 | -51.5% |
2017 | 44.0 | 27.16% |
2016 | 34.6 | -4.64% |
2015 | 36.3 | -0.12% |
2014 | 36.3 | -31.16% |
2013 | 52.7 | 34.42% |
2012 | 39.2 | 10.18% |
2011 | 35.6 | -45.59% |
2010 | 65.5 |
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.