P/E ratio for LG Electronics (066570.KS)
P/E ratio as of October 2023 (TTM): 45.3
According to LG Electronics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.3144. 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 |
|---|---|---|
| 2021 | 10.7 | 143.52% |
| 2020 | 4.39 | -97.25% |
| 2019 | 160 | 4329.61% |
| 2018 | 3.61 | -15.95% |
| 2017 | 4.29 | -93.03% |
| 2016 | 61.6 | 53.99% |
| 2015 | 40.0 | 282.67% |
| 2014 | 10.4 | -49.13% |
| 2013 | 20.5 | -53.86% |
| 2012 | 44.5 | -748.77% |
| 2011 | -6.86 | -241.3% |
| 2010 | 4.86 | 67.88% |
| 2009 | 2.89 | -69.04% |
| 2008 | 9.34 | 107.81% |
| 2007 | 4.50 | |
| 2005 | 14.5 | 436.26% |
| 2004 | 2.71 |
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.