LG Electronics
066570.KS
#1557
Rank
NZ$18.79 B
Marketcap
$109.28
Share price
-0.44%
Change (1 day)
-18.01%
Change (1 year)

P/E ratio for LG Electronics (066570.KS)

P/E ratio as of November 2024 (TTM): 39.8

According to LG Electronics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.813. At the end of 2021 the company had a P/E ratio of 24.1.

P/E ratio history for LG Electronics from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202124.195.09%
202012.4-97.1%
20194274575.24%
20189.13-20.17%
201711.4-90.65%
201612255.91%
201578.4193.66%
201426.7-61.69%
201369.7-54.31%
2012153-690.55%
2011-25.8-262.42%
201015.985.85%
20098.56-68.91%
200827.5117.75%
200712.6
200523.2279.27%
20046.11

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.