P/E ratio for Lumen (LUMN)
P/E ratio as of June 2023 (TTM): -1.20
According to Lumen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.2. At the end of 2021 the company had a P/E ratio of 6.54.
P/E ratio history for Lumen from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
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.