La Z Boy Incorporated Stock Price To Earning

LAZ Stock  EUR 40.80  0.00  0.00%   
La Z Boy Incorporated fundamentals help investors to digest information that contributes to La-Z-Boy Incorporated's financial success or failures. It also enables traders to predict the movement of La-Z-Boy Stock. The fundamental analysis module provides a way to measure La-Z-Boy Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to La-Z-Boy Incorporated stock.
  
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La Z Boy Incorporated Company Price To Earning Analysis

La-Z-Boy Incorporated's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

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More About Price To Earning | All Equity Analysis

Current La-Z-Boy Incorporated Price To Earning

    
  19.23 X  
Most of La-Z-Boy Incorporated's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, La Z Boy Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, La Z Boy Incorporated has a Price To Earning of 19.23 times. This is 22.77% lower than that of the Consumer Cyclical sector and 59.45% higher than that of the Home Furnishings & Fixtures industry. The price to earning for all Germany stocks is 33.04% higher than that of the company.

La-Z-Boy Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses La-Z-Boy Incorporated's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of La-Z-Boy Incorporated could also be used in its relative valuation, which is a method of valuing La-Z-Boy Incorporated by comparing valuation metrics of similar companies.
La Z is currently under evaluation in price to earning category among its peers.

La-Z-Boy Fundamentals

About La-Z-Boy Incorporated Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze La Z Boy Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of La-Z-Boy Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of La Z Boy Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in La-Z-Boy Stock

When determining whether La-Z-Boy Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La-Z-Boy Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in La-Z-Boy Stock please use our How to Invest in La-Z-Boy Incorporated guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if La-Z-Boy Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.