Livent
LTHM
#3480
Rank
$2.97 B
Marketcap
$16.51
Share price
-8.53%
Change (1 day)
-33.08%
Change (1 year)

P/E ratio for Livent (LTHM)

P/E ratio as of March 2024 (TTM): 7.90

According to Livent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.89952. At the end of 2022 the company had a P/E ratio of 12.6.

P/E ratio history for Livent from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.6
2020-169-789.79%
201924.556.51%
201815.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
73.3 827.27%๐Ÿ‡บ๐Ÿ‡ธ USA

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.