P/E ratio for Lloyds Banking Group (LYG)
P/E ratio as of July 2025 (TTM): 11.4
According to Lloyds Banking Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4123. At the end of 2024 the company had a P/E ratio of 8.60.
P/E ratio history for Lloyds Banking Group from 2002 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 8.60 | 39.38% |
| 2023 | 6.17 | -0.91% |
| 2022 | 6.23 | -0.71% |
| 2021 | 6.27 | -79.06% |
| 2020 | 30.0 | 66.65% |
| 2019 | 18.0 | 96.09% |
| 2018 | 9.17 | -41.85% |
| 2017 | 15.8 | -27.21% |
| 2016 | 21.7 | -76.76% |
| 2015 | 93.2 | 111.3% |
| 2014 | 44.1 | -166.65% |
| 2013 | -66.2 | 160.9% |
| 2012 | -25.4 | 311.85% |
| 2011 | -6.16 | -95.4% |
| 2010 | -134 | -2073.84% |
| 2009 | 6.78 | -25.2% |
| 2008 | 9.06 | 10.26% |
| 2007 | 8.22 | -30.86% |
| 2006 | 11.9 | 5.53% |
| 2005 | 11.3 | -2.09% |
| 2004 | 11.5 | 44.92% |
| 2003 | 7.94 | -44.41% |
| 2002 | 14.3 | -25.51% |
| 2001 | 19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Barclays BCS | 10.3 | -9.53% | 🇬🇧 UK |
 Royal Bank Of Canada RY | 14.9 | 31.00% | 🇨🇦 Canada |
 Santander SAN | 10.2 | -10.79% | 🇪🇸 Spain |
 Grupo Cibest (Bancolombia) CIB | 7.38 | -35.30% | 🇨🇴 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.