P/E ratio for LXP Industrial Trust (LXP)
P/E ratio as of April 2024 (TTM): 49.9
According to LXP Industrial Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.9412. At the end of 2022 the company had a P/E ratio of 26.4.
P/E ratio history for LXP Industrial Trust from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.4 | 127.9% |
| 2021 | 11.6 | -28.09% |
| 2020 | 16.1 | 72.73% |
| 2019 | 9.32 | 5.53% |
| 2018 | 8.83 | -69.81% |
| 2017 | 29.2 | 2.89% |
| 2016 | 28.4 | 59.87% |
| 2015 | 17.8 | -40.69% |
| 2014 | 30.0 | -120.55% |
| 2013 | -146 | -1523.68% |
| 2012 | 10.2 | -193.01% |
| 2011 | -11.0 | -37.65% |
| 2010 | -17.7 | 553.78% |
| 2009 | -2.70 | -81.08% |
| 2008 | -14.3 | -177.62% |
| 2007 | 18.4 | -113.96% |
| 2006 | -132 | -304.32% |
| 2005 | 64.5 | 128.68% |
| 2004 | 28.2 | 24.42% |
| 2003 | 22.7 | 59.8% |
| 2002 | 14.2 | -25.81% |
| 2001 | 19.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Equity Commonwealth EQC | 26.2 | -47.53% | 🇺🇸 USA |
 Universal Health Realty Income Trust UHT | 27.4 | -45.09% | 🇺🇸 USA |
 Geo Group GEO | 15.9 | -68.20% | 🇺🇸 USA |
 Acadia Realty Trust
AKR | 69.3 | 38.76% | 🇺🇸 USA |
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.