P/E ratio for Lument Finance Trust (LFT)
P/E ratio as of April 2024 (TTM): 15.8
According to Lument Finance Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Lument Finance Trust from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | 23.7% |
| 2021 | 12.8 | 27.51% |
| 2020 | 10.0 | -67.25% |
| 2019 | 30.6 | -469.61% |
| 2018 | -8.29 | -107.94% |
| 2017 | 104 | -2152.32% |
| 2016 | -5.09 | -80.37% |
| 2015 | -25.9 | -72.42% |
| 2014 | -93.9 | -868.71% |
| 2013 | 12.2 |
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.