According to LEG Immobilien 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.14372. At the end of 2022 the company had a P/E ratio of 19.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.1 | 270.31% |
2021 | 5.17 | -21.77% |
2020 | 6.61 | -21.35% |
2019 | 8.40 | 20.84% |
2018 | 6.95 | -3.37% |
2017 | 7.19 | -11.16% |
2016 | 8.10 | -60.09% |
2015 | 20.3 | -6.54% |
2014 | 21.7 | 28.24% |
2013 | 16.9 |
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.