P/E ratio for Lenovo (0992.HK)
P/E ratio as of January 2023 (TTM): 4.30
According to Lenovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.29708. At the end of 2022 the company had a P/E ratio of 6.23.
P/E ratio history for Lenovo from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.23 | -58.9% |
| 2021 | 15.2 | 69.61% |
| 2020 | 8.94 | -50.11% |
| 2019 | 17.9 | -158.19% |
| 2018 | -30.8 | -330.17% |
| 2017 | 13.4 | -119.68% |
| 2016 | -68.0 | -469.13% |
| 2015 | 18.4 | 28.03% |
| 2014 | 14.4 | -8.11% |
| 2013 | 15.7 | -18.44% |
| 2012 | 19.2 | -1.37% |
| 2011 | 19.5 | -59.57% |
| 2010 | 48.1 | -630.88% |
| 2009 | -9.07 | -176.84% |
| 2008 | 11.8 | -39.84% |
| 2007 | 19.6 | -87.16% |
| 2006 | 153 | |
| 2004 | 19.7 | 8.84% |
| 2003 | 18.1 | |
| 2001 | 46.1 |
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.