Lindsay Australia
LAU.AX
#8630
Rank
C$0.18 B
Marketcap
$0.58
Share price
-1.50%
Change (1 day)
-36.35%
Change (1 year)

P/E ratio for Lindsay Australia (LAU.AX)

P/E ratio at the end of 2023: 8.87

According to Lindsay Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.53402. At the end of 2023 the company had a P/E ratio of 8.87.

P/E ratio history for Lindsay Australia from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.8771.22%
20225.18-93.08%
202174.9340.97%
202017.075.32%
20199.69-15.1%
201811.4-9.46%
201712.6-8.51%
201613.8-7.12%
201514.8100.46%
20147.40112.44%
20133.48-99.65%
20129966801.79%
201114.4140.6%
20106.008.78%
20095.51-25.31%
20087.38-3.85%
20077.68-47.21%
200614.558.5%
20059.18-16.91%
200411.020.16%
20039.19-362.67%
2002-3.50-78.31%
2001-16.1

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.