P/E ratio for Lamar Advertising (LAMR)
P/E ratio as of April 2024 (TTM): 27.3
According to Lamar Advertising's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3383. At the end of 2022 the company had a P/E ratio of 21.9.
P/E ratio history for Lamar Advertising from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.9 | -31% |
| 2021 | 31.7 | -8.28% |
| 2020 | 34.5 | 43.14% |
| 2019 | 24.1 | 7.75% |
| 2018 | 22.4 | -2.29% |
| 2017 | 22.9 | 4.62% |
| 2016 | 21.9 | -1.04% |
| 2015 | 22.1 | 9.76% |
| 2014 | 20.2 | -83.4% |
| 2013 | 122 | -68.64% |
| 2012 | 388 | -1.36% |
| 2011 | 393 | -533.88% |
| 2010 | -90.5 | 86.39% |
| 2009 | -48.6 | -103.87% |
| 2008 | > 1000 | 1154.17% |
| 2007 | 100 | -35.68% |
| 2006 | 156 | 31.63% |
| 2005 | 118 | -69.59% |
| 2004 | 389 | -610.63% |
| 2003 | -76.2 | -20.78% |
| 2002 | -96.1 | 152.05% |
| 2001 | -38.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Interpublic Group IPG | 12.5 | -54.25% | 🇺🇸 USA |
 Omnicom OMC | 13.1 | -51.91% | 🇺🇸 USA |
 National CineMedia NCMI | N/A | N/A | 🇺🇸 USA |
 Clear Channel Outdoor
CCO | -62.6 | -329.11% | 🇺🇸 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.