P/E ratio for LG Household & Health Care (051905.KS)
P/E ratio as of April 2024 (TTM): 16.4
According to LG Household & Health Care 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.37. At the end of 2022 the company had a P/E ratio of 22.4.
P/E ratio history for LG Household & Health Care from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.4 | 82.9% |
| 2021 | 12.2 | -18.97% |
| 2020 | 15.1 | -9.15% |
| 2019 | 16.6 | 4.72% |
| 2018 | 15.9 | -17.33% |
| 2017 | 19.2 | 15.5% |
| 2016 | 16.6 | -16.31% |
| 2015 | 19.8 | 51.71% |
| 2014 | 13.1 | 22.24% |
| 2013 | 10.7 | 4.55% |
| 2012 | 10.2 | 31.89% |
| 2011 | 7.76 | 13.69% |
| 2010 | 6.83 |
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.