Lufax
LU
#2593
Rank
$4.25 B
Marketcap
$1.86
Share price
15.53%
Change (1 day)
-70.85%
Change (1 year)

P/E ratio for Lufax (LU)

P/E ratio as of December 2022 (TTM): 1.82

According to Lufax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.82035. At the end of 2021 the company had a P/E ratio of 5.14.

P/E ratio history for Lufax from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20215.14-71.35%
202017.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.12-161.26%๐Ÿ‡จ๐Ÿ‡ณ China

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.