The PE ratio for Lithium Americas (Argentina) stock stands at 37.62 as of May 16, 2024. This results from the current EPS of $0.13 and stock price of $4.89. A decrease of 47% has been recorded in the PE ratio compared to the average of 71.5 of the last four quarters.
Over the last five years, the average PE ratio of Lithium Americas (Argentina) has been 38.94. The current 37.62 P/E ratio is 3.4% lower than the historical average. In the past five years, LAAC's PE ratio peaked in the Jun 2023 quarter at 144.36, with a price of $20.21 and an EPS of $0.14. The Sep 2019 quarter marked the lowest point at 4.3, with a price of $3.05 and an EPS of $0.71.
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 57.45 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 5.28 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
The current PE ratio of LAAC is lower than the 5-year average.
The price to earnings ratio for LAAC stock is 37.62 as of May 16, 2024.
Over the last 5 years, the average price to earnings ratio for LAAC stock is 38.94.
The highest quarterly PE ratio in the last five years has been 144.36 and it was in the Jun 2023 quarter.
LAAC's price to earnings ratio is currently 3.4% below its 5-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 16, 2024), Lithium Americas (Argentina)'s stock price is $4.89. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.13. Therefore, Lithium Americas (Argentina)'s PE ratio for today is 37.62. PE RATIO(37.62) = STOCK PRICE($4.89) / TTM EPS($0.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.