LG Electronics
LGLG.F
#1166
Rank
$14.07 B
Marketcap
$18.03
Share price
-2.35%
Change (1 day)
-27.79%
Change (1 year)

P/E ratio for LG Electronics (LGLG.F)

P/E ratio as of February 2023 (TTM): 4.13

According to LG Electronics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.13381. At the end of 2021 the company had a P/E ratio of 10.7.

P/E ratio history for LG Electronics from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202110.7143.52%
20204.39-97.25%
20191604329.61%
20183.61-15.95%
20174.29-93.03%
201661.653.99%
201540.0282.67%
201410.4-49.13%
201320.5-53.86%
201244.5-748.77%
2011-6.86-241.3%
20104.8667.88%
20092.89-69.04%
20089.34107.81%
20074.50
200514.5436.26%
20042.71

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.