La-Z-Boy
LZB
#4303
Rank
$1.30 B
Marketcap
$29.41
Share price
2.87%
Change (1 day)
3.12%
Change (1 year)

P/E ratio for La-Z-Boy (LZB)

P/E ratio as of March 2023 (TTM): 8.77

According to La-Z-Boy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.77463. At the end of 2021 the company had a P/E ratio of 12.6.

P/E ratio history for La-Z-Boy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202112.6-47.47%
202024.015.12%
201920.836.26%
201815.3-13.81%
201717.8
201517.1-25.76%
201423.0
20118.50

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.6 31.99%๐Ÿ‡บ๐Ÿ‡ธ USA
73.0 731.94%๐Ÿ‡บ๐Ÿ‡ธ USA
2.65-69.78%๐Ÿ‡บ๐Ÿ‡ธ USA
6.02-31.44%๐Ÿ‡บ๐Ÿ‡ธ USA
23.7 170.36%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.