P/E ratio for Lincoln National Corporation (LNC)
P/E ratio as of June 2023 (TTM): -1.80
According to Lincoln National Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.80227. At the end of 2021 the company had a P/E ratio of 9.07.
P/E ratio history for Lincoln National Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.07 | -55.98% |
| 2020 | 20.6 | 54.01% |
| 2019 | 13.4 | 97.58% |
| 2018 | 6.77 | -16.87% |
| 2017 | 8.15 | -31.66% |
| 2016 | 11.9 | 9.96% |
| 2015 | 10.8 | 9.43% |
| 2014 | 9.91 | -9.78% |
| 2013 | 11.0 | 96.15% |
| 2012 | 5.60 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MetLife MET | 24.0 | -1,429.77% | 🇺🇸 USA |
 Prudential Financial PRU | 57.8 | -3,309.16% | 🇺🇸 USA |
 Unum UNM | 6.36 | -452.97% | 🇺🇸 USA |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Voya Financial
VOYA | 13.7 | -862.32% | 🇺🇸 USA |
 National Western Life NWLI | 10.7 | -695.32% | 🇺🇸 USA |
 CNO Financial Group
CNO | 9.63 | -634.41% | 🇺🇸 USA |
 AEGON
AEG | -36.2 | 1,905.93% | 🇳🇱 Netherlands |
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.