Laurent-Perrier
LPE.PA
#6324
Rank
A$0.96 B
Marketcap
$162.63
Share price
0.20%
Change (1 day)
-17.94%
Change (1 year)

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

P/E ratio at the end of 2023: 11.4

According to Laurent-Perrier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.86405. At the end of 2023 the company had a P/E ratio of 11.4.

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

PE ratio at the end of each year

Year P/E ratio Change
202311.46.56%
202210.7-35.91%
202116.7-8.28%
202018.2-19.94%
201922.8-3.9%
201823.734.4%
201717.61.19%
201617.4-12.87%
201520.031.08%
201415.30.39%
201315.2-13.83%
201217.6-25.86%
201123.8-8.84%
201026.1172.52%
20099.57-17.91%
200811.7-13.04%
200713.4

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.