P/E ratio for Lindsay Corporation (LNN)
P/E ratio as of April 2025 (TTM): 19.6
According to Lindsay Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5851. At the end of 2022 the company had a P/E ratio of 23.6.
P/E ratio history for Lindsay Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.6 | -38.36% |
| 2021 | 38.3 | 2.53% |
| 2020 | 37.3 | -66.54% |
| 2019 | 112 | 95.98% |
| 2018 | 57.0 | 54.33% |
| 2017 | 36.9 | -33.72% |
| 2016 | 55.7 | 69.19% |
| 2015 | 32.9 | 47% |
| 2014 | 22.4 | 39.05% |
| 2013 | 16.1 | -12.99% |
| 2012 | 18.5 | -4.94% |
| 2011 | 19.5 | -41.05% |
| 2010 | 33.0 | -5.55% |
| 2009 | 35.0 | 279.36% |
| 2008 | 9.21 | -79.67% |
| 2007 | 45.3 | 55.44% |
| 2006 | 29.2 | -31.79% |
| 2005 | 42.7 | 17.24% |
| 2004 | 36.5 | 32.81% |
| 2003 | 27.4 | 15.43% |
| 2002 | 23.8 | -31.19% |
| 2001 | 34.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 6.00 | -69.39% | 🇺🇸 USA |
 | 20.2 | 2.90% | 🇺🇸 USA |
 | 13.8 | -29.49% | 🇺🇸 USA |
 | 17.0 | -13.17% | 🇺🇸 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.