Lear Corporation
LEA
#1658
Rank
$7.39 B
Marketcap
$124.64
Share price
-3.64%
Change (1 day)
-20.68%
Change (1 year)

P/E ratio for Lear Corporation (LEA)

P/E ratio as of October 2022 (TTM): 66.9

According to Lear Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 66.8677. At the end of 2021 the company had a P/E ratio of 29.5.

P/E ratio history for Lear Corporation from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202129.5-51.16%
202060.3442.74%
201911.157.32%
20187.06-24.38%
20179.34-4.71%
20169.80
201315.9349.6%
20123.53

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.