LPP SA
LPP.WA
#2226
Rank
ยฃ5.32 B
Marketcap
ยฃ2,867
Share price
2.62%
Change (1 day)
5.43%
Change (1 year)
Categories

P/E ratio for LPP SA (LPP.WA)

P/E ratio as of November 2024 (TTM): 26.4

According to LPP SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3984. At the end of 2022 the company had a P/E ratio of 134.

P/E ratio history for LPP SA from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022134349.78%
202129.7
201828.5-22.88%
201736.9-37.36%
201659.0105.79%
201528.75.1%
201427.3-28.08%
201337.965.08%
201223.075.26%
201113.1-52.19%
201027.44.4%
200926.3

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.