P/E ratio for LPL Financial (LPLA)
P/E ratio as of May 2024 (TTM): 17.7
According to LPL Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7467. At the end of 2022 the company had a P/E ratio of 20.4.
P/E ratio history for LPL Financial from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.4 | -26.63% |
| 2021 | 27.8 | 59.21% |
| 2020 | 17.5 | 28.11% |
| 2019 | 13.6 | 11.32% |
| 2018 | 12.2 | -43.02% |
| 2017 | 21.5 | 31.78% |
| 2016 | 16.3 | -32.73% |
| 2015 | 24.2 | -3.18% |
| 2014 | 25.0 | -7.97% |
| 2013 | 27.2 | 34.24% |
| 2012 | 20.3 | 2.16% |
| 2011 | 19.8 | -142.1% |
| 2010 | -47.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Charles Schwab SCHW | 24.7 | 39.14% | 🇺🇸 USA |
 T. Rowe Price
TROW | 15.7 | -11.72% | 🇺🇸 USA |
 Morgan Stanley MS | 16.2 | -8.54% | 🇺🇸 USA |
 Raymond James RJF | 15.0 | -15.27% | 🇺🇸 USA |
 Nomura Holdings NMR | 17.4 | -1.85% | 🇯🇵 Japan |
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.