P/E ratio for La-Z-Boy (LZB)
P/E ratio as of April 2024 (TTM): 10.4
According to La-Z-Boy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3951. At the end of 2022 the company had a P/E ratio of 5.81.
P/E ratio history for La-Z-Boy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.81 | -53.94% |
| 2021 | 12.6 | -47.47% |
| 2020 | 24.0 | 15.12% |
| 2019 | 20.8 | 36.26% |
| 2018 | 15.3 | -13.81% |
| 2017 | 17.8 | -9.1% |
| 2016 | 19.5 | 14.22% |
| 2015 | 17.1 | -25.76% |
| 2014 | 23.0 | -13.82% |
| 2013 | 26.7 | 62.42% |
| 2012 | 16.5 | 93.57% |
| 2011 | 8.50 | -48.17% |
| 2010 | 16.4 | -272.09% |
| 2009 | -9.53 | 383.09% |
| 2008 | -1.97 | -91.04% |
| 2007 | -22.0 | -114.85% |
| 2006 | 148 | 493.08% |
| 2005 | 25.0 | -163.71% |
| 2004 | -39.3 | -337.71% |
| 2003 | 16.5 | -59.35% |
| 2002 | 40.6 | 28.44% |
| 2001 | 31.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Leggett & Platt
LEG | 11.6 | 12.06% | 🇺🇸 USA |
 Flexsteel Industries FLXS | 12.9 | 24.27% | 🇺🇸 USA |
 Bassett Furniture BSET | 20.0 | 92.69% | 🇺🇸 USA |
 Ethan Allen
ETD | 8.94 | -14.03% | 🇺🇸 USA |
 Hooker Furniture HOFT | -18.8 | -280.91% | 🇺🇸 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.