P/E ratio for Lenovo (0992.HK)
P/E ratio as of April 2024 (TTM): 7.54
According to Lenovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.5431. 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 |
|---|---|---|
| 2021 | 7.28 | -37.76% |
| 2020 | 11.7 | 8.19% |
| 2019 | 10.8 | -30.53% |
| 2018 | 15.6 | -126.2% |
| 2017 | -59.4 | -640.13% |
| 2016 | 11.0 | -120.58% |
| 2015 | -53.4 | -442.59% |
| 2014 | 15.6 | -2.9% |
| 2013 | 16.1 | -1.02% |
| 2012 | 16.2 | |
| 2010 | 25.2 | -168.59% |
| 2009 | -36.7 | -367.69% |
| 2008 | 13.7 | -29.24% |
| 2007 | 19.4 |
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.