The PE ratio for La-Z-Boy stock stands at 14.83 as of Jul 25, 2024. This is calculated based on the TTM EPS of $2.86 and the stock price of $42.42 per share. An increase of 33% has been observed in the PE ratio compared to its average of 11.1 of the last four quarters.
Over the last ten years, the average PE ratio of La-Z-Boy has been 15.95. The current 14.83 P/E ratio is 7% 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.
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% |
The current PE ratio of LZB is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
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 | 12.65 | $198.26M |
| LZB La-Z-Boy Inc | 15.23 | $1.83B |
| HOFT Hooker Furniture Corp | 39.2 | $167.5M |
| BSET Bassett Furniture Industries Inc | N/A | $118.26M |
| LEG Leggett & Platt Inc | N/A | $1.77B |
LZB stock has a price to earnings ratio of 14.83 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for LZB stock is 9.48.
Over the last 5 years, the average price to earnings ratio for LZB stock is 14.16.
Over the last ten years, the quarterly PE ratio reached its highest level at 28.5 in the Jan 2021 quarter.
The current PE ratio of LZB is 7% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), La-Z-Boy's share price is $42.42. 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 14.83. PE RATIO(14.83) = STOCK PRICE($42.42) / TTM EPS($2.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.