Lok'nStore Group
LOK.L
#6832
Rank
NZ$0.84 B
Marketcap
$25.63
Share price
-0.45%
Change (1 day)
49.94%
Change (1 year)

P/E ratio for Lok'nStore Group (LOK.L)

P/E ratio at the end of 2023: 49.3

According to Lok'nStore Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7093.54. At the end of 2023 the company had a P/E ratio of 49.3.

P/E ratio history for Lok'nStore Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202349.390.25%
202225.9-56.24%
202159.29.97%
202053.881.71%
201929.6-0.63%
201829.8-11.83%
201733.884.32%
201618.3-38.66%
201529.9-84.41%
2014192873.5%
201319.7-31.75%
201228.925.48%
201123.0-70.53%
201078.1-529.45%
2009-18.2-24.86%
2008-24.2-144.88%
200753.9-115.22%
2006-354-253.76%
2005230-286.77%
2004-123265.23%
2003-33.8-52.18%
2002-70.6-104.67%
2001> 1000

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.