P/E ratio for Lundbergföretagen (LUND-B.ST)
P/E ratio as of February 2023 (TTM): -40.0
According to Lundbergföretagen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -40.0049. At the end of 2021 the company had a P/E ratio of 11.1.
P/E ratio history for Lundbergföretagen from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.1 | -63.58% |
| 2020 | 30.4 | 256.03% |
| 2019 | 8.55 | -52.66% |
| 2018 | 18.1 | 58.67% |
| 2017 | 11.4 | 101.12% |
| 2016 | 5.66 | -57.26% |
| 2015 | 13.2 | 0.78% |
| 2014 | 13.1 | 16.84% |
| 2013 | 11.2 | 22.89% |
| 2012 | 9.15 | 87.48% |
| 2011 | 4.88 | -60.92% |
| 2010 | 12.5 | -11.92% |
| 2009 | 14.2 | -268.74% |
| 2008 | -8.40 | -196.44% |
| 2007 | 8.71 | 1.03% |
| 2006 | 8.62 | -6.31% |
| 2005 | 9.20 | -47.34% |
| 2004 | 17.5 | -0.41% |
| 2003 | 17.5 | 59.45% |
| 2002 | 11.0 |
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.