Lindsay Australia
LAU.AX
#8562
Rank
HK$1.12 B
Marketcap
HK$3.53
Share price
1.43%
Change (1 day)
-29.44%
Change (1 year)

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

P/E ratio at the end of 2023: 9.46

According to Lindsay Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.03723. At the end of 2023 the company had a P/E ratio of 9.46.

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

PE ratio at the end of each year

Year P/E ratio Change
20239.4671.22%
20225.53-93.08%
202179.9340.97%
202018.175.32%
201910.3-15.1%
201812.2-9.46%
201713.4-8.51%
201614.7-7.12%
201515.8100.46%
20147.90112.44%
20133.72-99.65%
2012> 10006801.79%
201115.4140.6%
20106.408.78%
20095.89-25.31%
20087.88-3.85%
20078.20-47.21%
200615.558.5%
20059.79-16.91%
200411.820.16%
20039.81-362.67%
2002-3.73-78.31%
2001-17.2

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.