Start with its own history
At 34.08×, LSEGY is 54.5% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
34.08×
54.5% belowthe 8-observation annual average
Price and EPS in quote currency. Calculation details
Investors are paying 34.08 for every 1 of reported earnings per share.
Annual period-end data · 8 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 37.61× | -57.0% |
| Dec 31, 2024 | 87.48× | +33.0% |
| Dec 31, 2023 | 65.76× | +30.8% |
| Dec 31, 2022 | 50.25× | -37.6% |
| Dec 31, 2021 | 80.58× | -51.7% |
| Dec 31, 2020 | 166.81× | +156.1% |
| Dec 31, 2019 | 65.13× | +42.7% |
| Dec 31, 2018 | 45.64× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
LSEGY This stockLondon Stock Exchange Group plc | 34.08× |
X.TOTMX Group Limited | 26.52× |
0HR2.LCME Group Inc. | 24.96× |
S68.SISingapore Exchange Limited | 31.91× |
0388.HKHong Kong Exchanges and Clearing Limited | 23.40× |
0HQN.LCboe Global Markets, Inc. | 25.46× |
0JC3.LIntercontinental Exchange, Inc. | 23.04× |
DB1.DEDeutsche Börse AG | 27.27× |
ENX.PAEuronext N.V. | 25.55× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 34.08×, LSEGY is 54.5% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 8 positive peer ratios above is 25.51×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("LSEGY", "PE Ratio", "LQ")Share price 31.68 ÷ EPS 0.9295 = 34.08×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 22, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
London Stock Exchange Group plc's current P/E is 34.08× based on the quote data last updated Oct 22, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.