Lindsay Australia
LAU.AX
#8085
Rank
NZ$0.31 B
Marketcap
$0.99
Share price
-2.17%
Change (1 day)
-10.10%
Change (1 year)

P/E ratio for Lindsay Australia (LAU.AX)

P/E ratio at the end of 2023: 9.75

According to Lindsay Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.72666. At the end of 2023 the company had a P/E ratio of 9.75.

P/E ratio history for Lindsay Australia from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.7571.22%
20225.69-93.08%
202182.3340.97%
202018.775.32%
201910.6-15.1%
201812.5-9.46%
201713.8-8.51%
201615.1-7.12%
201516.3100.46%
20148.13112.44%
20133.83-99.65%
2012> 10006801.79%
201115.9140.6%
20106.598.78%
20096.06-25.31%
20088.11-3.85%
20078.44-47.21%
200616.058.5%
200510.1-16.91%
200412.120.16%
200310.1-362.67%
2002-3.85-78.31%
2001-17.7

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.