LendingClub
LC
#4711
Rank
HK$12.40 B
Marketcap
HK$110.35
Share price
4.26%
Change (1 day)
146.10%
Change (1 year)

P/E ratio for LendingClub (LC)

P/E ratio as of November 2024 (TTM): 27.8

According to LendingClub 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7959. At the end of 2022 the company had a P/E ratio of 3.14.

P/E ratio history for LendingClub from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.14-97.79%
2021142-3655.88%
2020-4.00-88.85%
2019-35.9306.55%
2018-8.83-20.93%
2017-11.2-21.33%
2016-14.2-97.76%
2015-632836.99%
2014-67.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.7-43.47%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0-56.81%๐Ÿ‡บ๐Ÿ‡ธ USA

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.