Lesha Bank
QFBQ.QA
#6947
Rank
C$0.58 B
Marketcap
$0.52
Share price
-0.58%
Change (1 day)
-1.80%
Change (1 year)

P/E ratio for Lesha Bank (QFBQ.QA)

P/E ratio as of November 2024 (TTM): 16.6

According to Lesha Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5826. At the end of 2022 the company had a P/E ratio of 14.7.

P/E ratio history for Lesha Bank from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.722.62%
202112.0-324.85%
2020-5.32170.65%
2019-1.9715.53%
2018-1.70-64.8%
2017-4.84-37.54%
2016-7.74

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.