According to Light & Wonder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3955. At the end of 2022 the company had a P/E ratio of 1.52.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.52 | -91.29% |
2021 | 17.4 | -352.52% |
2020 | -6.89 | -63.97% |
2019 | -19.1 | 317.23% |
2018 | -4.58 | -75.69% |
2017 | -18.9 | 445.6% |
2016 | -3.46 | 524.3% |
2015 | -0.5537 | -88% |
2014 | -4.61 | -90.19% |
2013 | -47.0 | 285.12% |
2012 | -12.2 | -82.38% |
2011 | -69.3 | 1026.94% |
2010 | -6.15 | -81.83% |
2009 | -33.8 | -82.64% |
2008 | -195 | -434.1% |
2007 | 58.3 | 40.86% |
2006 | 41.4 | 27.51% |
2005 | 32.5 | 15.79% |
2004 | 28.0 | 22.3% |
2003 | 22.9 | 95.27% |
2002 | 11.7 | -140.26% |
2001 | -29.2 |
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.