Lloyds Banking Group
LYG
#433
Rank
$43.33 B
Marketcap
$2.77
Share price
-1.42%
Change (1 day)
28.24%
Change (1 year)

P/E ratio for Lloyds Banking Group (LYG)

P/E ratio as of June 2024 (TTM): 7.12

According to Lloyds Banking Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.12216. At the end of 2022 the company had a P/E ratio of 6.26.

P/E ratio history for Lloyds Banking Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.260.75%
20216.21-87.75%
202050.7161.78%
201919.4121.29%
20188.75-40.39%
201714.7-27.5%
201620.2-77.84%
201591.4105.26%
201444.5-86.99%
2013342-1241.83%
2012-30.0-3.8%
2011-31.1-1445.02%
20102.32
20078.25-33.61%
200612.414.45%
200510.9-13.24%
200412.56.33%
200311.8-27.69%
200216.3-30.97%
200123.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.4 87.77%๐Ÿ‡จ๐Ÿ‡ฆ Canada
7.04-1.16%๐Ÿ‡ช๐Ÿ‡ธ Spain
6.10-14.38%๐Ÿ‡ฌ๐Ÿ‡ง UK
5.56-21.91%๐Ÿ‡จ๐Ÿ‡ด Colombia

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.