LEG Immobilien
LEG.DE
#2275
Rank
$6.34 B
Marketcap
$85.58
Share price
-0.23%
Change (1 day)
55.80%
Change (1 year)

P/E ratio for LEG Immobilien (LEG.DE)

P/E ratio as of March 2024 (TTM): -3.14

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.

P/E ratio history for LEG Immobilien from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.1270.31%
20215.17-21.77%
20206.61-21.35%
20198.4020.84%
20186.95-3.37%
20177.19-11.16%
20168.10-60.09%
201520.3-6.54%
201421.728.24%
201316.9

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.