P/E ratio for LG Display (LPL)
P/E ratio as of April 2024 (TTM): -0.7463
According to LG Display's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.746294. At the end of 2022 the company had a P/E ratio of -1.42.
P/E ratio history for LG Display from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.42 | -120.04% |
| 2021 | 7.06 | -103.13% |
| 2020 | -226 | 10980.26% |
| 2019 | -2.04 | -93.65% |
| 2018 | -32.1 | -618.53% |
| 2017 | 6.19 | -48.58% |
| 2016 | 12.0 | 38.48% |
| 2015 | 8.70 | -31.32% |
| 2014 | 12.7 | -42.65% |
| 2013 | 22.1 | -50.3% |
| 2012 | 44.4 | -488.92% |
| 2011 | -11.4 | -188.27% |
| 2010 | 12.9 | 2.77% |
| 2009 | 12.6 | 103.2% |
| 2008 | 6.20 | -51.2% |
| 2007 | 12.7 | -181.77% |
| 2006 | -15.5 | -154.04% |
| 2005 | 28.7 | 282.44% |
| 2004 | 7.51 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Honeywell HON | 23.7 | -3,277.37% | 🇺🇸 USA |
 Universal Display Corporation
OLED | 35.9 | -4,912.15% | 🇺🇸 USA |
 Kopin Corporation
KOPN | -3.39 | 354.02% | 🇺🇸 USA |
 eMagin EMAN | -13.4 | 1,697.00% | 🇺🇸 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.