Laurent-Perrier
LPE.PA
#6258
Rank
A$0.97 B
Marketcap
$162.71
Share price
-0.99%
Change (1 day)
-17.78%
Change (1 year)

P/E ratio for Laurent-Perrier (LPE.PA)

P/E ratio at the end of 2023: 11.6

According to Laurent-Perrier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.96002. At the end of 2023 the company had a P/E ratio of 11.6.

P/E ratio history for Laurent-Perrier from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.66.56%
202210.9-35.91%
202117.0-8.28%
202018.5-19.94%
201923.1-3.9%
201824.134.4%
201717.91.19%
201617.7-12.87%
201520.331.08%
201415.50.39%
201315.4-13.83%
201217.9-25.86%
201124.1-8.84%
201026.5172.52%
20099.72-17.91%
200811.8-13.04%
200713.6

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.