Landis+Gyr
LAND.SW
#4757
Rank
โ‚ฌ1.62 B
Marketcap
56,29ย โ‚ฌ
Share price
3.33%
Change (1 day)
-14.73%
Change (1 year)

P/E ratio for Landis+Gyr (LAND.SW)

P/E ratio at the end of 2024: 17.4

According to Landis+Gyr's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3103. At the end of 2024 the company had a P/E ratio of 17.4.

P/E ratio history for Landis+Gyr from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.496.04%
20238.89-57.83%
202221.1-638.45%
2021-3.91-128.13%
202013.911.69%
201912.5-66.39%
201837.1

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.