P/E ratio for Leonardo (LDO.MI)
P/E ratio as of April 2024 (TTM): 15.2
According to Leonardo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2012. At the end of 2022 the company had a P/E ratio of 5.01.
P/E ratio history for Leonardo from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.01 | -19.03% |
| 2021 | 6.18 | -56.15% |
| 2020 | 14.1 | 92.72% |
| 2019 | 7.32 | -15.46% |
| 2018 | 8.66 | -57.77% |
| 2017 | 20.5 | 35.29% |
| 2016 | 15.2 | -1.04% |
| 2015 | 15.3 | -110.69% |
| 2014 | -143 | -224.9% |
| 2013 | 115 | -3770% |
| 2012 | -3.13 | 344.04% |
| 2011 | -0.7038 | -107.01% |
| 2010 | 10.0 | 1.67% |
| 2009 | 9.88 |
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.