Light & Wonder
LNW
#1759
Rank
$8.95 B
Marketcap
$99.38
Share price
0.85%
Change (1 day)
48.79%
Change (1 year)

P/E ratio for Light & Wonder (LNW)

P/E ratio as of June 2024 (TTM): 24.7

According to Light & Wonder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7214. At the end of 2022 the company had a P/E ratio of 1.52.

P/E ratio history for Light & Wonder from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.52-91.29%
202117.4-352.52%
2020-6.89-63.97%
2019-19.1317.23%
2018-4.58-75.69%
2017-18.9445.6%
2016-3.46524.3%
2015-0.5537-88%
2014-4.61-90.19%
2013-47.0285.12%
2012-12.2-82.38%
2011-69.31026.94%
2010-6.15-81.83%
2009-33.8-82.64%
2008-195-434.1%
200758.340.86%
200641.427.51%
200532.515.79%
200428.022.3%
200322.995.27%
200211.7-140.26%
2001-29.2

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.