Learning Technologies Group
LTG.L
#5641
Rank
NZ$1.70 B
Marketcap
$2.15
Share price
0.62%
Change (1 day)
42.66%
Change (1 year)

P/E ratio for Learning Technologies Group (LTG.L)

P/E ratio at the end of 2023: 20.8

According to Learning Technologies Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2544.57. At the end of 2023 the company had a P/E ratio of 20.8.

P/E ratio history for Learning Technologies Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202320.8-30.97%
202230.2-63.14%
202181.922.3%
202066.9-16.76%
201980.4-23.49%
2018105-35.11%
2017162-250.51%
2016-108-265.23%
201565.1-119.05%
2014-3421520.68%
2013-21.1-117.44%
2012121

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.