P/E ratio for Lear Corporation (LEA)
P/E ratio as of April 2024 (TTM): 14.1
According to Lear Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0993. At the end of 2022 the company had a P/E ratio of 22.5.
P/E ratio history for Lear Corporation from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.5 | -23.53% |
| 2021 | 29.5 | -51.34% |
| 2020 | 60.5 | 444.67% |
| 2019 | 11.1 | 57.32% |
| 2018 | 7.06 | -24.38% |
| 2017 | 9.34 | -4.71% |
| 2016 | 9.80 | -22.49% |
| 2015 | 12.6 | 8.45% |
| 2014 | 11.7 | -26.6% |
| 2013 | 15.9 | 349.6% |
| 2012 | 3.53 | -53.82% |
| 2011 | 7.65 | -31.61% |
| 2010 | 11.2 | 88.46% |
| 2009 | 5.94 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson Controls
JCI | 21.7 | 54.08% | 🇮🇪 Ireland |
 Visteon VC | 20.0 | 41.51% | 🇺🇸 USA |
 Gentex GNTX | 20.2 | 42.99% | 🇺🇸 USA |
 Magna International MGA | 15.2 | 8.05% | 🇨🇦 Canada |
 Dana DAN | -17.3 | -222.40% | 🇺🇸 USA |
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.