P/E ratio for Luxfer (LXFR)
P/E ratio as of April 2024 (TTM): 44.7
According to Luxfer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.7143. At the end of 2022 the company had a P/E ratio of 14.0.
P/E ratio history for Luxfer from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.0 | -21.7% |
| 2021 | 17.9 | -20.51% |
| 2020 | 22.5 | -86.63% |
| 2019 | 168 | 797.2% |
| 2018 | 18.8 | -48.96% |
| 2017 | 36.7 | 176.68% |
| 2016 | 13.3 | -19.02% |
| 2015 | 16.4 | 19.73% |
| 2014 | 13.7 | 25.42% |
| 2013 | 10.9 | 135.97% |
| 2012 | 4.63 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Worthington Industries
WOR | 9.67 | -78.38% | 🇺🇸 USA |
 TriMas TRS | 20.5 | -54.05% | 🇺🇸 USA |
 Lincoln Electric
LECO | 27.6 | -38.30% | 🇺🇸 USA |
 Thermon Group THR | N/A | N/A | 🇺🇸 USA |
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.