P/E ratio for Legal & General (LGEN.L)
P/E ratio at the end of 2022: 7.04
According to Legal & General's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 7.04.
P/E ratio history for Legal & General from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.04 | -16.46% |
| 2021 | 8.43 | -12.01% |
| 2020 | 9.58 | -3.72% |
| 2019 | 9.95 | 28.79% |
| 2018 | 7.73 | -7.13% |
| 2017 | 8.32 | -32.85% |
| 2016 | 12.4 | -5.68% |
| 2015 | 13.1 | 5.37% |
| 2014 | 12.5 | 7.09% |
| 2013 | 11.6 | 34.23% |
| 2012 | 8.67 | 24.36% |
| 2011 | 6.97 | 18.12% |
| 2010 | 5.90 | 38.71% |
| 2009 | 4.26 | -213.42% |
| 2008 | -3.75 | -148.9% |
| 2007 | 7.68 | 76.07% |
| 2006 | 4.36 | -32.87% |
| 2005 | 6.49 | -40.12% |
| 2004 | 10.8 | -7.52% |
| 2003 | 11.7 | -132.44% |
| 2002 | -36.2 | -33.87% |
| 2001 | -54.7 |
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.