According to Lincoln Educational Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.5926. At the end of 2023 the company had a P/E ratio of 11.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 11.6 | -26.6% |
2022 | 15.8 | 117.68% |
2021 | 7.25 | 62.9% |
2020 | 4.45 | -93.4% |
2019 | 67.5 | -648.44% |
2018 | -12.3 | 192.46% |
2017 | -4.21 | 163.02% |
2016 | -1.60 | -87.94% |
2015 | -13.3 | 1070.31% |
2014 | -1.13 | -48.33% |
2013 | -2.19 | -34.07% |
2012 | -3.33 |
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.