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LZB La-Z-Boy PE ratio, current and historical analysis

The PE ratio for La-Z-Boy stock stands at 13.54 as of Jun 20, 2024. This is calculated based on the TTM EPS of $2.86 and the stock price of $38.72 per share. An increase of 22% has been observed in the PE ratio compared to its average of 11.1 of the last four quarters.

LZB PE ratio history

How has LZB's PE ratio performed in the past

Over the last ten years, the average PE ratio of La-Z-Boy has been 16.04. The current 13.54 P/E ratio is 16% lower than the historical average. Looking back at the last ten years, LZB's PE ratio peaked in the Jan 2021 quarter at 28.5, with a price of $44.18 and an EPS of $1.55. The Oct 2022 quarter marked the lowest point at 6.45, with a price of $25.34 and an EPS of $3.93.

Average
16.04
Median
16.64
Minimum
6.45
Maximum
28.5

La-Z-Boy PE ratio by year

Maximum annual increase: 48.26% in 2021

Maximum annual decrease: -58.79% in 2022

Year PE ratio Change
2024 11.58 40.7%
2023 8.23 6.74%
2022 7.71 -58.79%
2021 18.71 48.26%
2020 12.62 -43.23%
2019 22.23 28.2%
2018 17.34 8.78%
2017 15.94 -3.28%
2016 16.48 -18.46%
2015 20.21 -14.4%

LZB average PE ratio chart

What is the average PE ratio of LZB for the past years

The current PE ratio of LZB is higher than its 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
9.7
5-year avg
14.16
10-year avg
16.04
15-year avg
16.42

LZB PE vs peers

What is LZB's PE ratio compared to its peers

In comparison to its peer HOFT, LZB's PE ratio is lower, but it is higher than FLXS's.

Stock name PE ratio Market cap
FLXS Flexsteel Industries Inc 10.29 $161.29M
LZB La-Z-Boy Inc 13.54 $1.62B
HOFT Hooker Furniture Corp 33.35 $142.5M
BSET Bassett Furniture Industries Inc N/A $124.04M
LEG Leggett & Platt Inc N/A $1.59B

Frequently asked questions

What is La-Z-Boy's PE ratio?

LZB stock has a price to earnings ratio of 13.54 as of Jun 20, 2024.

What is the 3-year average PE ratio for La-Z-Boy (LZB)?

Over the last 3 years, the average price to earnings ratio for LZB stock is 9.7.

What is the 5-year average PE ratio for La-Z-Boy (LZB)?

Over the last 5 years, the average price to earnings ratio for LZB stock is 14.16.

What is the highest PE ratio for LZB?

Over the last ten years, the quarterly PE ratio reached its highest level at 28.5 in the Jan 2021 quarter.

How does the current PE ratio for LZB compare to its historical average?

The current PE ratio of LZB is 16% lower than the 10-year historical average.

How is LZB's PE ratio calculated (La-Z-Boy PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 20, 2024), La-Z-Boy's share price is $38.72. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $2.86. Therefore, La-Z-Boy's PE ratio for today is 13.54. PE RATIO(13.54) = STOCK PRICE($38.72) / TTM EPS($2.86)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.