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 |
|---|---|---|
| 2021 | 8.89 | -22.48% |
| 2020 | 11.5 | -26.56% |
| 2019 | 15.6 | 86.92% |
| 2018 | 8.35 | -67.23% |
| 2017 | 25.5 | 92.89% |
| 2016 | 13.2 | 129.84% |
| 2015 | 5.75 | -59.9% |
| 2014 | 14.3 | -58.25% |
| 2013 | 34.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Deutsche Bank DB | 7.23 | -2.92% | 🇩🇪 Germany |
 UBS UBS | 9.83 | 32.00% | 🇨🇭 Switzerland |
 Moelis & Company MC | 13.3 | 78.98% | 🇺🇸 USA |
 Credit Suisse CS | -1.19 | -115.96% | 🇨🇭 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.