What is the price-to-earnings ratio of La-Z-Boy?
The price-earnings ratio of La-Z-Boy is currently 13.2.
La-Z-Boy P/E 2024
La-Z-Boy P/E
13.2
Ticker
LZB
ISIN
US5053361078
WKN
860095
As of Jun 28, 2024, La-Z-Boy's P/E ratio was 13.2, a 74.37% change from the 7.57 P/E ratio recorded in the previous year.
The La-Z-Boy P/E history
La-Z-Boy Aktienanalyse
What does La-Z-Boy do?
La-Z-Boy Inc is a leading American furniture company that has been in existence for over 90 years. The company was founded in 1927 in Monroe, Michigan and has become a well-known brand name for high-quality upholstery furniture. The business model of La-Z-Boy is focused on providing its customers with comfortable and stylish furniture that offers high comfort. The company's various divisions include retail, furniture production, as well as furniture design and development. The company produces a variety of furniture including sofas, armchairs, recliners, beds, ottomans, and much more. It also offers a wide range of side tables, shelves, and other furniture pieces to cater to the tastes and needs of customers. La-Z-Boy's product range is focused on quality, comfort, and durability. The furniture is available in various styles, sizes, and colors and can be customized. The company has an advanced production process that meets the highest standards. One of La-Z-Boy's most well-known lines is the "Comfort Core" brand. These products are known for their high comfort and support. The furniture in this series is equipped with technology that provides supportive assistance to the body and creates a feeling of weightlessness. The company's various divisions include La-Z-Boy's own brand stores that sell products directly to end customers. The product range is also distributed through a variety of retailers specializing in furniture. The company also operates a number of retail stores and factory outlets in the US and Canada. In recent years, La-Z-Boy has expanded its product lines to the international market and is now represented in over 50 countries worldwide. The brand has a high level of awareness and has achieved success through targeted marketing and successful collaborations with other brands in the furniture industry. As part of the company's growth plan, a special series of furniture for the medical sector was introduced in 2011, designed for people with back problems. These products are suitable for people who frequently experience back pain due to their working conditions or other medical issues. La-Z-Boy is known not only for the quality of its products but also for its work in the social sector. The company supports a number of charitable organizations, including children's hospitals, medical centers, schools, and charities. In summary, La-Z-Boy is one of the most well-known and successful furniture brands in the USA. The company is known for its high-quality, comfortable, and stylish products. It caters to a variety of tastes and needs and has established itself as a popular choice for any room in the house. With its commitment to quality and focus on innovation and design, La-Z-Boy remains an important player in the furniture industry. La-Z-Boy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering La-Z-Boy's P/E Ratio
The Price to Earnings (P/E) Ratio of La-Z-Boy 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 La-Z-Boy'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 La-Z-Boy 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 La-Z-Boy’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 La-Z-Boy Stock
How has the price-earnings ratio of La-Z-Boy changed compared to last year?
The price-to-earnings ratio of La-Z-Boy has increased by 74.37% increased 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 La-Z-Boy high compared to other companies?
Yes, the price-to-earnings ratio of La-Z-Boy is high compared to other companies.
How does an increase in the price-earnings ratio of La-Z-Boy affect the company?
An increase in the price-earnings ratio of La-Z-Boy 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 La-Z-Boy affect the company?
A decrease in the price-earnings ratio of La-Z-Boy 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 La-Z-Boy?
Some factors that influence the price-earnings ratio of La-Z-Boy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does La-Z-Boy pay?
Over the past 12 months, La-Z-Boy paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 1.09 %. For the coming 12 months, La-Z-Boy is expected to pay a dividend of 0.46 USD.
What is the dividend yield of La-Z-Boy?
The current dividend yield of La-Z-Boy is 1.09 %.
When does La-Z-Boy pay dividends?
La-Z-Boy pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of La-Z-Boy?
La-Z-Boy paid dividends every year for the past 18 years.
What is the dividend of La-Z-Boy?
For the upcoming 12 months, dividends amounting to 0.46 USD are expected. This corresponds to a dividend yield of 1.25 %.
In which sector is La-Z-Boy located?
La-Z-Boy is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von La-Z-Boy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of La-Z-Boy from 6/14/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.
When did La-Z-Boy pay the last dividend?
The last dividend was paid out on 6/14/2024.
What was the dividend of La-Z-Boy in the year 2023?
In the year 2023, La-Z-Boy distributed 0.744 USD as dividends.
In which currency does La-Z-Boy pay out the dividend?
The dividends of La-Z-Boy are distributed in USD.
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Andere Kennzahlen von La-Z-Boy
Our stock analysis for La-Z-Boy 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 La-Z-Boy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
