P/E ratio for Lennox (LII)
P/E ratio as of April 2024 (TTM): 30.8
According to Lennox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7594. At the end of 2022 the company had a P/E ratio of 17.2.
P/E ratio history for Lennox from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.2 | -33.92% |
| 2021 | 26.0 | -11.59% |
| 2020 | 29.4 | 26.63% |
| 2019 | 23.2 | -6.03% |
| 2018 | 24.7 | -14.01% |
| 2017 | 28.7 | 20.03% |
| 2016 | 23.9 | -20.67% |
| 2015 | 30.2 | 36.45% |
| 2014 | 22.1 | -10.33% |
| 2013 | 24.7 | -16.44% |
| 2012 | 29.5 | 48.62% |
| 2011 | 19.9 | -9.74% |
| 2010 | 22.0 | -49.29% |
| 2009 | 43.4 | 196.89% |
| 2008 | 14.6 | -9.7% |
| 2007 | 16.2 | 24.74% |
| 2006 | 13.0 | 8.09% |
| 2005 | 12.0 | -235.04% |
| 2004 | -8.89 | -175.12% |
| 2003 | 11.8 | -434.83% |
| 2002 | -3.53 | -73.6% |
| 2001 | -13.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 A. O. Smith AOS | 43.8 | 42.45% | 🇺🇸 USA |
 Dover DOV | 23.4 | -23.86% | 🇺🇸 USA |
 Johnson Controls
JCI | 21.5 | -30.10% | 🇮🇪 Ireland |
 Ingersoll Rand IR | 48.9 | 59.11% | 🇮🇪 Ireland |
 LSB Industries LXU | 6.32 | -79.45% | 🇺🇸 USA |
 Standex SXI | 14.6 | -52.67% | 🇺🇸 USA |
 Aaon AAON | 48.4 | 57.30% | 🇺🇸 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.