Laurent-Perrier
LPE.PA
#6307
Rank
โ‚ฌ0.59 B
Marketcap
101,00ย โ‚ฌ
Share price
-0.98%
Change (1 day)
-16.32%
Change (1 year)

P/E ratio for Laurent-Perrier (LPE.PA)

P/E ratio at the end of 2023: 11.5

According to Laurent-Perrier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.184. At the end of 2023 the company had a P/E ratio of 11.5.

P/E ratio history for Laurent-Perrier from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.56.56%
202210.8-35.91%
202116.9-8.28%
202018.4-19.94%
201923.0-3.9%
201823.934.4%
201717.81.19%
201617.6-12.87%
201520.231.08%
201415.40.39%
201315.4-13.83%
201217.8-25.86%
201124.0-8.84%
201026.4172.52%
20099.68-17.91%
200811.8-13.04%
200713.6

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.