Lokum Deweloper
LKD.WA
#8470
Rank
NZ$0.15 B
Marketcap
$8.53
Share price
2.00%
Change (1 day)
-15.43%
Change (1 year)

P/E ratio for Lokum Deweloper (LKD.WA)

P/E ratio as of September 2024 (TTM): 6.03

According to Lokum Deweloper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.0339. At the end of 2023 the company had a P/E ratio of 3.31.

P/E ratio history for Lokum Deweloper from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20233.31-32.06%
20224.87-28.28%
20216.80-50.95%
202013.9200.93%
20194.606.81%
20184.31-2.45%
20174.42

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.