Legrand
LR.PA
#763
Rank
A$40.64 B
Marketcap
$155.06
Share price
1.21%
Change (1 day)
5.43%
Change (1 year)

P/E ratio for Legrand (LR.PA)

P/E ratio as of November 2024 (TTM): 23.9

According to Legrand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8885. At the end of 2022 the company had a P/E ratio of 20.0.

P/E ratio history for Legrand from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.0-34.27%
202130.46.06%
202028.623.31%
201923.236.18%
201817.0-29.12%
201724.15.24%
201622.9-10.25%
201525.516.75%
201421.88.88%
201320.018.34%
201216.924.07%
201113.6-29.48%
201019.310.66%
200917.5

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.