Landis+Gyr
LAND.SW
#4483
Rank
A$2.88 B
Marketcap
$99.71
Share price
1.46%
Change (1 day)
-22.28%
Change (1 year)

P/E ratio for Landis+Gyr (LAND.SW)

P/E ratio at the end of 2023: 9.78

According to Landis+Gyr's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 9.78.

P/E ratio history for Landis+Gyr from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.78-59.5%
202224.2-622.04%
2021-4.63-127.31%
202016.97.25%
201915.8-67.51%
201848.6

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.