P/E ratio for Lumibird (LBIRD.PA)
P/E ratio at the end of 2023: 37.3
According to Lumibird's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.9914. At the end of 2023 the company had a P/E ratio of 37.3.
P/E ratio history for Lumibird from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 37.3 | 13.74% |
| 2022 | 32.8 | -12.17% |
| 2021 | 37.3 | -10.19% |
| 2020 | 41.6 | 49.42% |
| 2019 | 27.8 | 37.46% |
| 2018 | 20.2 | -64.84% |
| 2017 | 57.6 | 315.48% |
| 2016 | 13.9 | 24.95% |
| 2015 | 11.1 | -154.3% |
| 2014 | -20.4 | -0.63% |
| 2013 | -20.5 | 1402.51% |
| 2012 | -1.37 | -117.97% |
| 2011 | 7.61 | -58.1% |
| 2010 | 18.2 | -1573.76% |
| 2009 | -1.23 |
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.