P/E ratio for Liberty Media (LSXMB)
P/E ratio as of April 2024 (TTM): 9.04
According to Liberty Media's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.03601. At the end of 2022 the company had a P/E ratio of 9.91.
P/E ratio history for Liberty Media from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.91 | -64.92% |
| 2021 | 28.2 | -241.69% |
| 2020 | -19.9 | -163.22% |
| 2019 | 31.5 | 74.35% |
| 2018 | 18.1 | 38.43% |
| 2017 | 13.1 | -55.5% |
| 2016 | 29.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Salem Media Group
SALM | -0.3640 | -104.03% | 🇺🇸 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.