Lazard
LAZ
#3076
Rank
$3.28 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$38.21
Share price
-1.39%
Change (1 day)
-6.99%
Change (1 year)

P/E ratio for Lazard (LAZ)

P/E ratio as of February 2023 (TTM): 7.45

According to Lazard's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.44834. At the end of 2021 the company had a P/E ratio of 8.89.

P/E ratio history for Lazard from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.23-2.92%๐Ÿ‡ฉ๐Ÿ‡ช Germany
9.83 32.00%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
13.3 78.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.19-115.96%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.