P/E ratio for Leoni AG (LEO.DE)
P/E ratio as of May 2024 (TTM): -0.0021
According to Leoni AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.00205297. At the end of 2021 the company had a P/E ratio of -6.79.
P/E ratio history for Leoni AG from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -6.79 | 931.43% |
| 2020 | -0.6584 | -15.35% |
| 2019 | -0.7778 | -105.81% |
| 2018 | 13.4 | -3.72% |
| 2017 | 13.9 | -86.45% |
| 2016 | 103 | 564.13% |
| 2015 | 15.4 | 9.42% |
| 2014 | 14.1 | -16.1% |
| 2013 | 16.8 | 173.78% |
| 2012 | 6.14 | 19.53% |
| 2011 | 5.14 | -64.75% |
| 2010 | 14.6 | -549.43% |
| 2009 | -3.24 |
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.