Lloyds Banking Group
LYG
#446
Rank
$38.19 B
Marketcap
$2.23
Share price
-0.45%
Change (1 day)
-9.35%
Change (1 year)

P/E ratio for Lloyds Banking Group (LYG)

P/E ratio as of December 2022 (TTM): 9.15

According to Lloyds Banking Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.14966. 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
20216.27-79.06%
202030.066.65%
201918.096.09%
20189.17-41.85%
201715.8-27.16%
201621.6-76.78%
201593.2111.3%
201444.1-166.65%
2013-66.2160.9%
2012-25.4311.03%
2011-6.17-95.39%
2010-134-2073.84%
20096.78-25.2%
20089.0610.26%
20078.22-30.66%
200611.94.92%
200511.3-1.79%
200411.544.92%
20037.94-61.82%
200220.8-17.41%
200125.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9 18.87%๐Ÿ‡จ๐Ÿ‡ฆ Canada
5.58-39.02%๐Ÿ‡ช๐Ÿ‡ธ Spain
4.78-47.79%๐Ÿ‡ฌ๐Ÿ‡ง UK
3.83-58.10% 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.