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.
Year | P/E ratio | Change |
---|---|---|
2021 | 12.6 | -47.47% |
2020 | 24.0 | 15.12% |
2019 | 20.8 | 36.26% |
2018 | 15.3 | -13.81% |
2017 | 17.8 | |
2015 | 17.1 | -25.76% |
2014 | 23.0 | |
2011 | 8.50 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Leggett & Platt
LEG | 11.6 | 31.99% | ๐บ๐ธ USA |
![]() Flexsteel Industries FLXS | 73.0 | 731.94% | ๐บ๐ธ USA |
![]() Bassett Furniture BSET | 2.65 | -69.78% | ๐บ๐ธ USA |
![]() Ethan Allen
ETD | 6.02 | -31.44% | ๐บ๐ธ USA |
![]() Hooker Furniture HOFT | 23.7 | 170.36% | ๐บ๐ธ USA |
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.