P/E ratio for Lithium Americas (LAC)
P/E ratio as of April 2024 (TTM): -46.2
According to Lithium Americas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -46.2. At the end of 2022 the company had a P/E ratio of -27.5.
P/E ratio history for Lithium Americas from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -27.5 | -69.82% |
| 2021 | -91.0 | 190.04% |
| 2020 | -31.4 | -674.05% |
| 2019 | 5.47 | -155.17% |
| 2018 | -9.91 | -48.74% |
| 2017 | -19.3 | |
| 2015 | -6.50 | -74.16% |
| 2014 | -25.2 | -150.19% |
| 2013 | 50.1 | -2248.18% |
| 2012 | -2.33 | 25.64% |
| 2011 | -1.86 | -91.06% |
| 2010 | -20.8 | -0.79% |
| 2009 | -20.9 | 322.39% |
| 2008 | -4.96 |
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.