P/E ratio for Luxshare Precision (002475.SZ)
P/E ratio as of April 2024 (TTM): 20.0
According to Luxshare Precision 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0359. At the end of 2022 the company had a P/E ratio of 24.6.
P/E ratio history for Luxshare Precision from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.6 | -49.47% |
| 2021 | 48.7 | -6.88% |
| 2020 | 52.3 | 28.56% |
| 2019 | 40.7 | 92.24% |
| 2018 | 21.2 | -50.78% |
| 2017 | 43.0 | 23.33% |
| 2016 | 34.9 | -6.68% |
| 2015 | 37.4 | -0.77% |
| 2014 | 37.7 | -30.58% |
| 2013 | 54.3 | 41.12% |
| 2012 | 38.4 | 7.95% |
| 2011 | 35.6 | -50.07% |
| 2010 | 71.3 |
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.