Luzerner Kantonalbank
LUKN.SW
#3259
Rank
C$4.94 B
Marketcap
$100.33
Share price
0.65%
Change (1 day)
-11.72%
Change (1 year)

P/E ratio for Luzerner Kantonalbank (LUKN.SW)

P/E ratio as of September 2024 (TTM): 12.9

According to Luzerner Kantonalbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.924. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for Luzerner Kantonalbank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.5-2.59%
202115.9-1.22%
202016.1-7.27%
201917.4-10.8%
201819.5-2.06%
201719.99.14%
201618.22.72%
201517.7237.84%
20145.2459.5%
20133.29

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.