P/E ratio for LPL Financial (LPLA)

P/E ratio history for LPL Financial from 2010 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Charles Schwab SCHW	15.8	-10.36%	🇺🇸 USA
T. Rowe Price TROW	11.3	-35.92%	🇺🇸 USA
Morgan Stanley MS	14.9	-15.92%	🇺🇸 USA
Raymond James Financial RJF	13.9	-21.62%	🇺🇸 USA
Nomura Holdings NMR	10.8	-38.91%	🇯🇵 Japan

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.