LG Electronics Stock

LG Electronics P/E 2024

LG Electronics P/E

9.22

Ticker

066570.KS

ISIN

KR7066570003

As of Oct 5, 2024, LG Electronics's P/E ratio was 9.22, a -70.33% change from the 31.07 P/E ratio recorded in the previous year.

The LG Electronics P/E history

LG Electronics Aktienanalyse

What does LG Electronics do?

LG Electronics Inc. is a South Korean company that was founded on October 1, 1958 and is headquartered in Seoul. It is globally known for its innovative and high-quality electronics products, including smartphones, televisions, home appliances, air conditioners, and more. In the early days, LG primarily focused on manufacturing radios, televisions, washing machines, and refrigerators that were sold only in Korea. In the 1990s, the company expanded globally and began operating in other regions such as Asia, Europe, and North America. Today, LG has branches and production facilities in over 80 countries and employs more than 77,000 people worldwide. As a company, LG Electronics Inc. has a diverse business model that allows it to operate in different markets. A major division is the LG Home Entertainment Company, which specializes in manufacturing televisions, home theater systems, monitors, and projectors. LG is a major player in the global TV market and offers a wide range of products, ranging from affordable entry-level models to high-end televisions with advanced technologies such as OLED displays and HDR. Another important division is the LG Mobile Communication Company, which manufactures smartphones and tablets. LG has established itself in the market in recent years and is known for its innovative design and top-notch technology. The latest products include the LG V40 ThinQ, LG G7 ThinQ, and LG G8S ThinQ. In addition to these two main divisions, LG is also involved in other areas. The LG Home Appliance & Air Solution Company produces household appliances such as washing machines, dryers, refrigerators, air conditioners, and vacuum cleaners. The LG Vehicle Component Solutions Company specializes in the field of vehicle components and develops electric motors, batteries, and other electronic devices for the automotive industry. An excellent example of LG's commitment to electromobility is LG Chem. The company is a leading manufacturer of lithium-ion batteries and supplies them to numerous automobile manufacturers around the globe, including General Motors, Ford, Hyundai-Kia, Volvo, BMW, and many others. LG Chem places particular emphasis on the development of environmentally friendly technologies and is heavily involved in research and development of battery technologies and charging infrastructure. In the field of smart homes and the Internet of Things (IoT), LG is working to connect its devices and products into an intelligent system that makes its customers' daily lives easier. With the LG SmartThinQ app, users can, for example, control their household appliances such as washing machines and refrigerators remotely or check the status of their devices. Overall, LG Electronics Inc. is a diverse and innovative company that operates in numerous areas of the electronics industry. With its broad product range and global presence, it has become one of the leading companies in the industry. Developments such as the transition to renewable energy sources have focused the company primarily on energy-efficient devices. The company strives to constantly invent new technologies and bring innovations into the world. LG Electronics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering LG Electronics's P/E Ratio

The Price to Earnings (P/E) Ratio of LG Electronics is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing LG Electronics's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of LG Electronics is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in LG Electronics’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about LG Electronics stock

What is the price-to-earnings ratio of LG Electronics?

The price-earnings ratio of LG Electronics is currently 9.22.

How has the price-earnings ratio of LG Electronics changed compared to last year?

The price-to-earnings ratio of LG Electronics has increased by -70.33% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of LG Electronics high compared to other companies?

Yes, the price-to-earnings ratio of LG Electronics is high compared to other companies.

How does an increase in the price-earnings ratio of LG Electronics affect the company?

An increase in the price-earnings ratio of LG Electronics would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of LG Electronics affect the company?

A decrease in the price-earnings ratio of LG Electronics would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of LG Electronics?

Some factors that influence the price-earnings ratio of LG Electronics are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does LG Electronics pay?

Over the past 12 months, LG Electronics paid a dividend of 800 KRW . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, LG Electronics is expected to pay a dividend of 844.49 KRW.

What is the dividend yield of LG Electronics?

The current dividend yield of LG Electronics is 0.76 %.

When does LG Electronics pay dividends?

LG Electronics pays a quarterly dividend. This is distributed in the months of January, January, January, July.

How secure is the dividend of LG Electronics?

LG Electronics paid dividends every year for the past 23 years.

What is the dividend of LG Electronics?

For the upcoming 12 months, dividends amounting to 844.49 KRW are expected. This corresponds to a dividend yield of 0.8 %.

In which sector is LG Electronics located?

LG Electronics is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von LG Electronics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of LG Electronics from 9/1/2024 amounting to 500 KRW, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did LG Electronics pay the last dividend?

The last dividend was paid out on 9/1/2024.

What was the dividend of LG Electronics in the year 2023?

In the year 2023, LG Electronics distributed 700 KRW as dividends.

In which currency does LG Electronics pay out the dividend?

The dividends of LG Electronics are distributed in KRW.

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Andere Kennzahlen von LG Electronics

Our stock analysis for LG Electronics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of LG Electronics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.