LondonMetric Property
LMP.L
#2854
Rank
โ‚น391.74 B
Marketcap
โ‚น191.60
Share price
0.34%
Change (1 day)
-7.11%
Change (1 year)

P/E ratio for LondonMetric Property (LMP.L)

P/E ratio at the end of 2022: 3.37

According to LondonMetric Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 216.779. At the end of 2022 the company had a P/E ratio of 3.37.

P/E ratio history for LondonMetric Property from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.37-50.69%
20216.84-102.89%
2020-236-2226.52%
201911.187.79%
20185.92-61.65%
201715.446.58%
201610.591.8%
20155.492.32%
20145.37-114.61%
2013-36.7-121.24%
20121731338.24%
201112.0202.72%
20103.97-65.93%
200911.7-98.2%
2008647

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.