Lovisa Holdings
LOV.AX
#4492
Rank
โ‚ฌ1.62 B
Marketcap
14,65ย โ‚ฌ
Share price
3.96%
Change (1 day)
-23.09%
Change (1 year)

P/E ratio for Lovisa Holdings (LOV.AX)

P/E ratio at the end of 2023: 29.7

According to Lovisa Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.904. At the end of 2023 the company had a P/E ratio of 29.7.

P/E ratio history for Lovisa Holdings from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202329.725.64%
202223.7-54.8%
202152.31.22%
202051.779.06%
201928.9-1.17%
201829.2165.9%
201711.0-11.15%
201612.426.01%
20159.81

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.