Lenovo
0992.HK
#1052
Rank
$17.82 B
Marketcap
$1.44
Share price
-2.26%
Change (1 day)
34.31%
Change (1 year)

P/E ratio for Lenovo (0992.HK)

P/E ratio as of July 2024 (TTM): 10.3

According to Lenovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3248. At the end of 2021 the company had a P/E ratio of 7.28.

P/E ratio history for Lenovo from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20217.28-37.76%
202011.78.19%
201910.8-30.53%
201815.6-126.2%
2017-59.4-640.13%
201611.0-120.58%
2015-53.4-442.59%
201415.6-2.9%
201316.1-1.02%
201216.2
201025.2-168.59%
2009-36.7-367.69%
200813.7-29.24%
200719.4

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.