Home Watchlists Portfolios Indices Forex Futures Comparisons Screeners Scans Charts

Does H. Lundbeck A/S's (CPH:LUN) P/E Ratio Signal A Buying Opportunity?

  • Source: Yahoo Finance - - Read: 0



    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at H. Lundbeck A/S's (CPH:LUN) P/E ratio and reflect on what it tells us about the company's share price. H. Lundbeck has a P/E ratio of 14.26, based on the last twelve months. That is equivalent to an earnings yield of about 7.0%.

    Check out our latest analysis for H. Lundbeck How Do You Calculate H. Lundbeck's P/E Ratio?

    The formula for price to earnings is:

    Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

    Or for H. Lundbeck:

    P/E of 14.26 = DKK243.6 ÷ DKK17.08 (Based on the trailing twelve months to June 2019.)Is A High Price-to-Earnings Ratio Good?

    A higher P/E ratio implies that investors pay a higher price for the earning power of the business. That is not ...



    Read Full News: https://finance.yahoo.com/news/does-h-lundbeck-ss-cph-070344471.html

Log in to reply