The Lottery Corporation
TLC.AX
#2176
Rank
C$10.15 B
Marketcap
$4.56
Share price
-0.40%
Change (1 day)
12.12%
Change (1 year)
Categories

P/E ratio for The Lottery Corporation (TLC.AX)

P/E ratio at the end of 2022: 27.2

According to The Lottery Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7189. At the end of 2022 the company had a P/E ratio of 27.2.

P/E ratio history for The Lottery Corporation from 2022 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202227.2

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.