P/E ratio for Leclanché (LECN.SW)
P/E ratio at the end of 2022: -2.22
According to Leclanché's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.857354. At the end of 2022 the company had a P/E ratio of -2.22.
P/E ratio history for Leclanché from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.22 | -8.6% |
| 2021 | -2.42 | -8.81% |
| 2020 | -2.66 | 6.13% |
| 2019 | -2.51 | -27.93% |
| 2018 | -3.48 | -15.98% |
| 2017 | -4.14 | 15.29% |
| 2016 | -3.59 | 67.51% |
| 2015 | -2.14 | -51.99% |
| 2014 | -4.46 | 97.8% |
| 2013 | -2.26 | 63.08% |
| 2012 | -1.38 | -75.47% |
| 2011 | -5.64 | 11.88% |
| 2010 | -5.04 | -61.93% |
| 2009 | -13.2 | -169.81% |
| 2008 | 19.0 | 18.44% |
| 2007 | 16.0 | -503.01% |
| 2006 | -3.97 | -78.77% |
| 2005 | -18.7 | 10.54% |
| 2004 | -16.9 | -98.68% |
| 2003 | < -1000 |
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.