Open Lending
LPRO
#6132
Rank
NZ$1.27 B
Marketcap
$10.67
Share price
3.29%
Change (1 day)
-19.92%
Change (1 year)

P/E ratio for Open Lending (LPRO)

P/E ratio as of January 2025 (TTM): 17.1

According to Open Lending's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0571. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for Open Lending from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-33.02%
202119.4-174.52%
2020-26.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.1-35.20%๐Ÿ‡จ๐Ÿ‡ณ China
-66.2-488.32%๐Ÿ‡บ๐Ÿ‡ธ 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.