P/E ratio for Landis+Gyr (LAND.SW)
P/E ratio at the end of 2023: 9.78
According to Landis+Gyr's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 9.78.
P/E ratio history for Landis+Gyr from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 9.78 | -59.5% |
| 2022 | 24.2 | -622.04% |
| 2021 | -4.63 | -127.31% |
| 2020 | 16.9 | 7.25% |
| 2019 | 15.8 | -67.51% |
| 2018 | 48.6 |
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.