P/E ratio for Lumen (LUMN)
P/E ratio as of April 2024 (TTM): -0.1120
According to Lumen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.111979. At the end of 2022 the company had a P/E ratio of -3.30.
P/E ratio history for Lumen from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.30 | -150.54% |
| 2021 | 6.54 | -176.43% |
| 2020 | -8.55 | 219.19% |
| 2019 | -2.68 | -71.17% |
| 2018 | -9.29 | -198.07% |
| 2017 | 9.48 | -53.77% |
| 2016 | 20.5 | 29.55% |
| 2015 | 15.8 | -46.03% |
| 2014 | 29.3 | -138.66% |
| 2013 | -75.8 | -340.37% |
| 2012 | 31.5 | 6.01% |
| 2011 | 29.8 | 112.71% |
| 2010 | 14.0 | 18.21% |
| 2009 | 11.8 | 52.87% |
| 2008 | 7.74 | -28.67% |
| 2007 | 10.9 | -20.7% |
| 2006 | 13.7 | 5.25% |
| 2005 | 13.0 | -10.18% |
| 2004 | 14.5 | 6.52% |
| 2003 | 13.6 | 161.38% |
| 2002 | 5.20 | -83.04% |
| 2001 | 30.7 |
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.