Lazard
LAZ
#3231
Rank
$3.42 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$39.19
Share price
1.69%
Change (1 day)
3.13%
Change (1 year)

P/E ratio for Lazard (LAZ)

P/E ratio as of March 2024 (TTM): -33.8

According to Lazard's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.807. At the end of 2022 the company had a P/E ratio of 9.55.

P/E ratio history for Lazard from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.557.48%
20218.89-22.48%
202011.5-26.56%
201915.686.92%
20188.35-67.23%
201725.592.89%
201613.2129.84%
20155.75-59.9%
201414.3-58.25%
201334.3-17.16%
201241.4134.92%
201117.6-29.86%
201025.2-216.59%
2009-21.6-119.59%
2008110723.13%
200713.4-31.88%
200619.6109.74%
20059.37

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.13-115.17%๐Ÿ‡ฉ๐Ÿ‡ช Germany
2.64-107.81%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
94.8-380.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.3304-99.02%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.