P/E ratio for Lojas Renner (LREN3.SA)
P/E ratio as of May 2024 (TTM): 15.1
According to Lojas Renner's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1387. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for Lojas Renner from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | -59.39% |
| 2021 | 38.0 | 10.35% |
| 2020 | 34.5 | -21.89% |
| 2019 | 44.1 | 32% |
| 2018 | 33.4 | -10.16% |
| 2017 | 37.2 | 46.64% |
| 2016 | 25.4 | 20.56% |
| 2015 | 21.0 | -37.98% |
| 2014 | 33.9 | 64.55% |
| 2013 | 20.6 | -32.95% |
| 2012 | 30.7 | 57.76% |
| 2011 | 19.5 | -20.84% |
| 2010 | 24.6 | 0.93% |
| 2009 | 24.4 |
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.