Lloyds Banking Group PLC

LYG Financial Banks Regional

In the quarter to June 2026, revenue fell 67.6%, EPS grew 413.8%, free cash flow grew 62.3% and total debt rose 38.0%, each against the same quarter a year earlier.

5.48 0.01 +0.18%
Market cap
$78.4B
P/E
15.5×
Fwd P/E
—
Dividend yield
3.91%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lloyds Banking Group PLC (LYG) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Lloyds Banking Group PLC (LYG) trades at a P/E ratio of 15.5×. Over the past ten years it has ranged from 7.9× (March 2020) to 120× (May 2016); the current reading is higher than 40% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 21.2× 94.85%
FY2024 10.9× (16.23%)
FY2023 13.0× (12.81%)
FY2022 14.9× 22.76%
FY2021 12.1× (56.24%)
FY2020 27.8× 42.25%
FY2019 19.5× (40.23%)
FY2018 32.7× (22.25%)
FY2017 42.0× (52.13%)
FY2016 87.7× 94.59%

Quarterly newest first

Period P/E ratio Change
Mar 2026 14.2× (7.23%)
Mar 2025 15.3× 48.64%
Mar 2024 10.3× (8.17%)
Sep 2023 11.2× (7.59%)
23 more quarters

Against its own ten years

Low 7.9× High 120×
Ten-year median 17.1×
Current reading's percentile 44

P/E ratio against peers

Company P/E ratio
DB Deutsche Bank Aktiengesellschaft compare 7.6×
NWG NatWest Group plc compare 9.9×
TFC Truist Financial Corporation compare 10.7×
USB U.S. Bancorp compare 11.3×
PNC The PNC Financial Services Group, Inc compare 11.4×
ITUB Itau Unibanco Holding S.A. compare 12.0×
LYG Lloyds Banking Group PLC 15.5×
IBN ICICI Bank Limited compare 18.5×
NU Nu Holdings Ltd. compare 19.7×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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