Estee Lauder
EL
#324
Rank
$49.59 B
Marketcap
$138.65
Share price
-0.69%
Change (1 day)
-40.36%
Change (1 year)

P/E ratio for Estee Lauder (EL)

P/E ratio as of September 2023 (TTM): 49.5

According to Estee Lauder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.5106. At the end of 2021 the company had a P/E ratio of 41.2.

P/E ratio history for Estee Lauder from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202141.2-60.71%
2020105161.82%
201940.037.22%
201829.2-33.06%
201743.667.49%
201626.0-6.34%
201527.88.27%
201425.7-11.78%
201329.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.6-50.23%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-59.67%๐Ÿ‡บ๐Ÿ‡ธ USA
24.8-49.97%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.0057-100.01%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8-41.91%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-69.32%๐Ÿ‡บ๐Ÿ‡ธ 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.