According to Lawson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9724. At the end of 2022 the company had a P/E ratio of 17.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.1 | -33.62% |
2021 | 25.8 | -67.53% |
2020 | 79.4 | 235.98% |
2019 | 23.6 | -34.27% |
2018 | 35.9 | 69.5% |
2017 | 21.2 | -12.82% |
2016 | 24.3 | -22.96% |
2015 | 31.6 | 75.31% |
2014 | 18.0 | -19.6% |
2013 | 22.4 | 25.35% |
2012 | 17.9 | -6.15% |
2011 | 19.0 | -35.82% |
2010 | 29.7 |
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.