Lycopodium
LYL.AX
#7381
Rank
NZ$0.51 B
Marketcap
$12.87
Share price
1.13%
Change (1 day)
22.59%
Change (1 year)

P/E ratio for Lycopodium (LYL.AX)

P/E ratio at the end of 2023: 8.81

According to Lycopodium's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.85298. At the end of 2023 the company had a P/E ratio of 8.81.

P/E ratio history for Lycopodium from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.8110.47%
20227.98-40.05%
202113.3-13.5%
202015.438.41%
201911.122.34%
20189.08-13.15%
201710.5-54.75%
201623.1-148.22%
2015-47.9-433.19%
201414.4163.27%
20135.46-27.24%
20127.51-5.55%
20117.9532.44%
20106.0099.97%
20093.00-68.77%
20089.62-20.34%
200712.11.5%
200611.934.89%
20058.82

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.