P/E ratio for Lukoil (LKOH.ME)
P/E ratio as of March 2023 (TTM): 4.61
According to Lukoil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.61353. At the end of 2020 the company had a P/E ratio of 222.
P/E ratio history for Lukoil from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 222 | 3363.27% |
| 2019 | 6.40 | 13.01% |
| 2018 | 5.67 | 0.12% |
| 2017 | 5.66 | -52.4% |
| 2016 | 11.9 | 106.99% |
| 2015 | 5.74 | -9.73% |
| 2014 | 6.36 | 6.48% |
| 2013 | 5.98 | 31.34% |
| 2012 | 4.55 | 13.72% |
| 2011 | 4.00 | -22.65% |
| 2010 | 5.17 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 9.01 | 95.34% | 🇺🇸 USA |
 Imperial Oil
IMO | 5.44 | 17.83% | 🇨🇦 Canada |
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.