P/E ratio for Liberty Energy (LBRT)
P/E ratio as of April 2024 (TTM): 6.28
According to Liberty Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.27841. At the end of 2022 the company had a P/E ratio of 7.41.
P/E ratio history for Liberty Energy from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.41 | -178.71% |
| 2021 | -9.42 | 23.31% |
| 2020 | -7.64 | -140.52% |
| 2019 | 18.8 | 167.55% |
| 2018 | 7.04 | -57.39% |
| 2017 | 16.5 |
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.