LACROIX Group SA
LACR.PA
#9238
Rank
HK$0.42 B
Marketcap
HK$90.84
Share price
-2.18%
Change (1 day)
-59.27%
Change (1 year)

P/E ratio for LACROIX Group SA (LACR.PA)

P/E ratio at the end of 2023: 31.5

According to LACROIX Group SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4796. At the end of 2023 the company had a P/E ratio of 31.5.

P/E ratio history for LACROIX Group SA from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202331.5197.36%
202210.641.94%
20217.466.32%
20207.022.39%
20196.85-27.01%
20189.397.47%
20178.74-228.13%
2016-6.82-108.78%
201577.7928.22%
20147.55-6.86%
20138.1144.94%
20125.5911.02%
20115.04-91.9%
201062.2-64%
20091734005.59%
20084.21-30.06%
20076.02-9.23%
20066.63

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.