P/E ratio for Lundbergföretagen (LUND-B.ST)
P/E ratio as of December 2023 (TTM): 17.2
According to Lundbergföretagen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.225. At the end of 2022 the company had a P/E ratio of 72.8.
P/E ratio history for Lundbergföretagen from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 72.8 | 556.95% |
| 2021 | 11.1 | -63.58% |
| 2020 | 30.4 | 256.03% |
| 2019 | 8.55 | -52.66% |
| 2018 | 18.1 | 58.64% |
| 2017 | 11.4 | 101.16% |
| 2016 | 5.66 | -57.27% |
| 2015 | 13.2 | 0.84% |
| 2014 | 13.1 | 16.75% |
| 2013 | 11.2 | 22.94% |
| 2012 | 9.15 | 105% |
| 2011 | 4.46 | -64.27% |
| 2010 | 12.5 | -11.9% |
| 2009 | 14.2 |
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.