LondonMetric Property
LMP.L
#2586
Rank
โ‚น448.05 B
Marketcap
โ‚น21,829
Share price
-0.31%
Change (1 day)
10,490.35%
Change (1 year)

P/E ratio for LondonMetric Property (LMP.L)

P/E ratio at the end of 2022: 3.58

According to LondonMetric Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24742.6. At the end of 2022 the company had a P/E ratio of 3.58.

P/E ratio history for LondonMetric Property from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.58-50.69%
20217.26-102.89%
2020-251-2226.52%
201911.887.79%
20186.28-61.65%
201716.446.58%
201611.291.8%
20155.832.32%
20145.70-114.61%
2013-39.0-121.24%
20121841338.24%
201112.8202.72%
20104.22-65.93%
200912.4-98.2%
2008686

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.