P/E ratio for Lakeland Industries (LAKE)

P/E ratio history for Lakeland Industries 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
VF Corporation VFC	-33.9	-217.09%	🇺🇸 USA
Kimberly-Clark KMB	26.1	-9.79%	🇺🇸 USA
Dupont De Nemours DD	8.45	-70.83%	🇺🇸 USA
Delta Apparel DLA	-0.2367	-100.82%	🇺🇸 USA
Deckers Brands DECK	7.56	-73.90%	🇺🇸 USA
Honeywell HON	27.8	-3.84%	🇺🇸 USA
Oxford Industries OXM	7.21	-75.11%	🇺🇸 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.