Lundin Energy
LUNE.ST
#5923
Rank
$0.18 B
Marketcap
$0.64
Share price
-4.36%
Change (1 day)
-98.10%
Change (1 year)

P/E ratio for Lundin Energy (LUNE.ST)

P/E ratio at the end of 2021: 17.3

According to Lundin Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.367816. At the end of 2021 the company had a P/E ratio of 17.3.

P/E ratio history for Lundin Energy from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202117.313.26%
202015.235.02%
201911.3-64.71%
201832.0133.72%
201713.7-184.97%
2016-16.1313.59%
2015-3.89-46.05%
2014-7.22-116.24%
201344.514.3%
201238.933.54%
201129.1544.29%
20104.52-216.43%
2009-3.88-124.1%
200816.128.22%
200712.6-25.1%
200616.810.67%
200515.260.27%
20049.4661.92%
20035.84-105.79%
2002-101

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.