P/E ratio for LondonMetric Property (LMP.L)
P/E ratio at the end of 2022: 3.36
According to LondonMetric Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 236.637. At the end of 2022 the company had a P/E ratio of 3.36.
P/E ratio history for LondonMetric Property from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.36 | -50.69% |
| 2021 | 6.82 | -102.89% |
| 2020 | -236 | -2226.52% |
| 2019 | 11.1 | 87.79% |
| 2018 | 5.90 | -61.65% |
| 2017 | 15.4 | 46.58% |
| 2016 | 10.5 | 91.8% |
| 2015 | 5.48 | 2.32% |
| 2014 | 5.35 | -114.61% |
| 2013 | -36.6 | -121.24% |
| 2012 | 173 | 1338.24% |
| 2011 | 12.0 | 202.72% |
| 2010 | 3.96 | -65.93% |
| 2009 | 11.6 | -98.2% |
| 2008 | 645 |
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.