Published on 10 Oct 2019 on Simply Wall St. via Yahoo Finance
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical, we'll show how Loblaw Companies Limited's (TSE:L) P/E ratio could help you assess the value on offer. Loblaw Companies has a price to earnings ratio of 25.48, based on the last twelve months. In other words, at today's prices, investors are paying CA$25.48 for every CA$1 in prior year profit.
Check out our latest analysis for Loblaw Companies