P/E ratio for Leggett & Platt (LEG)
P/E ratio as of April 2024 (TTM): 11.3
According to Leggett & Platt 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.279. At the end of 2022 the company had a P/E ratio of 14.2.
P/E ratio history for Leggett & Platt from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | 1.6% |
| 2021 | 13.9 | -42.58% |
| 2020 | 24.3 | 18.27% |
| 2019 | 20.5 | 30.49% |
| 2018 | 15.7 | -29.13% |
| 2017 | 22.2 | 27.07% |
| 2016 | 17.5 | -4.03% |
| 2015 | 18.2 | -70.41% |
| 2014 | 61.5 | 169.75% |
| 2013 | 22.8 | 43.87% |
| 2012 | 15.9 | -28.2% |
| 2011 | 22.1 | 13.51% |
| 2010 | 19.5 | -33.25% |
| 2009 | 29.1 | 18.95% |
| 2008 | 24.5 | -108.43% |
| 2007 | -291 | -2058.05% |
| 2006 | 14.8 | -15.95% |
| 2005 | 17.7 | -9.3% |
| 2004 | 19.5 | -5.47% |
| 2003 | 20.6 | 7.41% |
| 2002 | 19.2 | -20.78% |
| 2001 | 24.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 12.7 | 12.85% | 🇺🇸 USA |
 Ethan Allen
ETD | 8.73 | -22.62% | 🇺🇸 USA |
 Tempur Sealy TPX | 21.5 | 90.97% | 🇺🇸 USA |
 Herman Miller
MLHR | N/A | N/A | 🇺🇸 USA |
 Steelcase SCS | 25.2 | 123.16% | 🇺🇸 USA |
 La-Z-Boy
LZB | 10.2 | -9.75% | 🇺🇸 USA |
 Knoll
KNL | N/A | N/A | 🇺🇸 USA |
 HNI Corporation
HNI | 43.9 | 289.16% | 🇺🇸 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.