LG Corp
003550.KS
#1756
Rank
$9.02 B
Marketcap
$58.97
Share price
-0.49%
Change (1 day)
-10.56%
Change (1 year)

P/E ratio for LG Corp (003550.KS)

P/E ratio as of May 2024 (TTM): 12.0

According to LG Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0273. At the end of 2022 the company had a P/E ratio of 6.30.

P/E ratio history for LG Corp from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.3025.29%
20215.03-52.05%
202010.5-11.78%
201911.985.25%
20186.42-3.61%
20176.66-32.12%
20169.81-25.55%
201513.23.47%
201412.71.46%
201312.6-0.26%
201212.614.12%
201111.010.1%
201010.018.88%
20098.433.57%
20088.14-41.09%
200713.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.3 10.60%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

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.