Lightbridge Corporation
LTBR
#8368
Rank
ยฃ0.10 B
Marketcap
ยฃ6.92
Share price
-7.80%
Change (1 day)
110.74%
Change (1 year)

P/E ratio for Lightbridge Corporation (LTBR)

P/E ratio as of November 2024 (TTM): -14.4

According to Lightbridge Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.371. At the end of 2022 the company had a P/E ratio of -5.72.

P/E ratio history for Lightbridge Corporation from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.7246.68%
2021-3.90229.15%
2020-1.18-3.1%
2019-1.2269.94%
2018-0.7196-58.12%
2017-1.72111.02%
2016-0.8143-81.11%
2015-4.31-33.26%
2014-6.4655.89%
2013-4.14-5.98%
2012-4.41-0.64%
2011-4.43-43.74%
2010-7.88-5.25%
2009-8.32-42.56%
2008-14.552.45%
2007-9.50
2005-2.11-51.28%
2004-4.33

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.