The PE ratio for LendingClub stock stands at 27.44 as of May 2, 2024. This is calculated based on the TTM EPS of $0.34 and the stock price of $9.33 per share. An increase of 47% has been observed in the PE ratio compared to its average of 18.6 of the past four quarters.
Over the last nine years, the average PE ratio of LendingClub has been 68.51. The current 27.44 price-to-earnings ratio is 60% less than the historical average. Analyzing the last nine years, LC's PE ratio reached its highest point in the Mar 2016 quarter at 415, with a price of $41.5 and an EPS of $0.1. The Mar 2023 quarter saw the lowest point at 2.86, with a price of $7.21 and an EPS of $2.52.
Maximum annual increase: 673.25% in 2023
Maximum annual decrease: -97.53% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.28 | 673.25% |
| 2022 | 3.14 | -97.53% |
| 2021 | 127.26 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, LC's PE ratio is under its 3 and 5-year averages.
LC's PE ratio is above its peer stocks SLM and WRLD.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SLM SLM Corp | 6.76 | $4.82B |
| WRLD World Acceptance Corp | 11.93 | $854.77M |
| LC LendingClub Corp | 27.6 | $1.04B |
| FMCC Federal Home Loan Mortgage Corp | N/A | $897.08M |
The price to earnings ratio for LC stock as of May 2, 2024, stands at 27.44.
As an average over the last 3 years, LC stock has a PE ratio of 37.01.
As an average over the last 5 years, LC stock has a PE ratio of 37.01.
The highest quarterly PE ratio in the last nine years has been 415 and it was in the Mar 2016 quarter.
The current PE ratio of LC is 60% lower than the 9-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 2, 2024), LendingClub's share price is $9.33. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.34. Therefore, LendingClub's price to earnings ratio for today is 27.44. PE RATIO(27.44) = STOCK PRICE($9.33) / TTM EPS($0.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.