P/E ratio for Light & Wonder (LNW)
P/E ratio as of June 2023 (TTM): 1.62
According to Light & Wonder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.62131. At the end of 2021 the company had a P/E ratio of 17.4.
P/E ratio history for Light & Wonder from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 345.49% |
| 2015 | -0.7760 | -83.18% |
| 2014 | -4.61 | -90.19% |
| 2013 | -47.0 | 285.12% |
| 2012 | -12.2 |
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.