According to Lifco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.8694. At the end of 2022 the company had a P/E ratio of 28.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 28.4 | -44.8% |
2021 | 51.5 | -76% |
2020 | 214 | 521.09% |
2019 | 34.5 | 58.5% |
2018 | 21.8 | -8.57% |
2017 | 23.8 | 2.14% |
2016 | 23.3 | -1.99% |
2015 | 23.8 | 8.97% |
2014 | 21.8 |
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.