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 17.6.
Year | P/E ratio | Change |
---|---|---|
2021 | 17.6 | 13.26% |
2020 | 15.6 | 35.02% |
2019 | 11.5 | -64.71% |
2018 | 32.7 | 133.72% |
2017 | 14.0 | -184.97% |
2016 | -16.5 | 313.59% |
2015 | -3.98 | -46.05% |
2014 | -7.37 | -116.24% |
2013 | 45.4 | 14.3% |
2012 | 39.7 | 33.54% |
2011 | 29.7 | 544.29% |
2010 | 4.62 | -216.43% |
2009 | -3.97 | -124.1% |
2008 | 16.5 | 28.22% |
2007 | 12.8 | -25.1% |
2006 | 17.1 | 10.67% |
2005 | 15.5 | 60.27% |
2004 | 9.66 | 61.92% |
2003 | 5.97 | -105.79% |
2002 | -103 |
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.