P/E ratio for Lloyds Banking Group (LYG)
P/E ratio as of June 2023 (TTM): 6.87
According to Lloyds Banking Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.86627. At the end of 2021 the company had a P/E ratio of 6.27.
P/E ratio history for Lloyds Banking Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.27 | -79.06% |
| 2020 | 30.0 | 66.65% |
| 2019 | 18.0 | 96.09% |
| 2018 | 9.17 | -41.85% |
| 2017 | 15.8 | -27.16% |
| 2016 | 21.6 | -76.78% |
| 2015 | 93.2 | 111.3% |
| 2014 | 44.1 | -166.65% |
| 2013 | -66.2 | 160.9% |
| 2012 | -25.4 | 311.03% |
| 2011 | -6.17 | -95.39% |
| 2010 | -134 | -2073.84% |
| 2009 | 6.78 | -25.2% |
| 2008 | 9.06 | 10.26% |
| 2007 | 8.22 | -30.66% |
| 2006 | 11.9 | 4.92% |
| 2005 | 11.3 | -1.79% |
| 2004 | 11.5 | 44.92% |
| 2003 | 7.94 | -57.75% |
| 2002 | 18.8 | -17.41% |
| 2001 | 22.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 11.2 | 63.16% | 🇨🇦 Canada |
 Santander SAN | 5.99 | -12.77% | 🇪🇸 Spain |
 Barclays BCS | 3.96 | -42.32% | 🇬🇧 UK |
 Bancolombia
CIB | 4.27 | -37.78% | 🇨🇴 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.