P/E ratio for Leroy Seafood (LSG.OL)
P/E ratio as of April 2024 (TTM): 41.2
According to Leroy Seafood's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.2175. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Leroy Seafood from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -27.56% |
| 2021 | 15.6 | -65.74% |
| 2020 | 45.5 | 144.46% |
| 2019 | 18.6 | 63.69% |
| 2018 | 11.4 | -23.68% |
| 2017 | 14.9 | 75.39% |
| 2016 | 8.50 | -44.31% |
| 2015 | 15.3 | 8.24% |
| 2014 | 14.1 | 152.95% |
| 2013 | 5.57 | -63.35% |
| 2012 | 15.2 | 27.07% |
| 2011 | 12.0 | 58.22% |
| 2010 | 7.56 | -1.87% |
| 2009 | 7.71 |
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.