P/E ratio for Leifheit (LEI.DE)
P/E ratio as of May 2024 (TTM): 63.8
According to Leifheit's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.8066. At the end of 2022 the company had a P/E ratio of 104.
P/E ratio history for Leifheit from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 104 | 321.09% |
| 2021 | 24.7 | -24.49% |
| 2020 | 32.7 | -15.64% |
| 2019 | 38.8 | 78.82% |
| 2018 | 21.7 | 4.95% |
| 2017 | 20.7 | 11.18% |
| 2016 | 18.6 | 13.37% |
| 2015 | 16.4 | 4.91% |
| 2014 | 15.6 | 9.63% |
| 2013 | 14.3 | -2.5% |
| 2012 | 14.6 | 81.82% |
| 2011 | 8.04 | 54.08% |
| 2010 | 5.22 | -75.3% |
| 2009 | 21.1 |
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.