P/E ratio for Louisiana-Pacific (LPX)
P/E ratio as of October 2023 (TTM): 18.6
According to Louisiana-Pacific 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6094. At the end of 2021 the company had a P/E ratio of 5.57.
P/E ratio history for Louisiana-Pacific from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.57 | -32.28% |
| 2020 | 8.22 | -102.22% |
| 2019 | -371 | -4690.04% |
| 2018 | 8.08 | |
| 2016 | 18.2 | -162.66% |
| 2015 | -29.0 | -7.03% |
| 2014 | -31.2 | -314.38% |
| 2013 | 14.6 | -84.16% |
| 2012 | 92.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Universal Forest Products
UFPI | 11.1 | -40.25% | 🇺🇸 USA |
 Koppers KOP | 9.99 | -46.33% | 🇺🇸 USA |
 Boise Cascade
BCC | 7.03 | -62.20% | 🇺🇸 USA |
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.