P/E ratio for La-Z-Boy (LZB)

P/E ratio history for La-Z-Boy from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Bassett Furniture BSET	21.3	60.11%	🇺🇸 USA
Flexsteel Industries FLXS	18.7	40.70%	🇺🇸 USA
Hooker Furniture HOFT	-13.8	-203.59%	🇺🇸 USA
Ethan Allen ETD	7.81	-41.39%	🇺🇸 USA
Leggett & Platt LEG	6.06	-54.47%	🇺🇸 USA

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.