LG Electronics
LGLG.F
#1227
Rank
$12.77 B
Marketcap
$17.66
Share price
-2.26%
Change (1 day)
-45.88%
Change (1 year)

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

P/E ratio as of August 2022 (TTM): 3.35

According to LG Electronics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.3528. At the end of 2021 the company had a P/E ratio of 10.2.

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

PE ratio at the end of each year

Year P/E ratio Change
202110.2143.52%
20204.18-97.25%
20191524329.61%
20183.43-15.95%
20174.08-93.03%
201658.653.99%
201538.1282.67%
20149.95-49.13%
201319.6-53.86%
201242.4-815.92%
2011-5.92-228.05%
20104.6286.59%
20092.48-72.15%
20088.89107.81%
20074.28
200513.8436.26%
20042.58

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.