What is LVMH's price-to-earnings ratio?

According to LVMH 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3364 . At the end of 2021 the company had a P/E ratio of 29.0. 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.

What is LVMH Moet Hennessy Louis Vuitton SE's PE ratio?

During the past 13 years, LVMH Moet Hennessy Louis Vuitton SE's highest PE Ratio was 78.70. The lowest was 11.39. And the median was 25.21. LVMH Moet Hennessy Louis Vuitton SE's EPS (Diluted) for the six months ended in Jun. 2023 was $18.34. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was $34.27 .

What is a PE ratio?

This metric is considered a valuation metric that confirms whether the earnings of a company justifies the stock price. There isn't necesarily an optimum PE ratio, since different industries will have different ranges of PE Ratios. Because of this, PE Ratio is great to evaluate from a relative standpoint with other similar companies.

What does LVMH do?

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing).