Lazard Ltd Ratios | P/E, ROE & Valuation

On the Key Ratios page for Lazard Ltd (LAZ), the latest P/E of 18.8 frames valuation, while ROE 25.84% and ROIC 7.48% indicates profitability and capital efficiency. Together with the current ratio of 2.83 and debt-to-equity 2.35, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

LAZ Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$32.50$33.14$28.67$29.54$30.82$24.71$22.84$24.13$22.13$19.06
Net Income per Share$2.24$3.01$-0.85$3.74$4.98$3.77$2.47$4.43$2.09$3.11
Operating Cash Flow per Share$6.66$7.98$1.85$8.72$8.17$5.39$5.84$5.87$8.35$4.82
Free Cash Flow per Share$6.88$7.49$1.53$8.20$7.79$4.79$5.47$5.46$8.12$4.51
Cash per Share$12.80$16.93$13.38$21.05$26.52$23.62$20.78$18.94$19.90$12.65
Book Value per Share$8.92$8.21$6.40$13.16$15.59$9.35$5.87$8.15$10.37$10.37
Tangible Book Value per Share$4.51$3.99$1.97$9.21$12.01$5.76$2.65$5.00$7.15$7.31
Interest Debt per Share$22.14$24.49$25.32$23.86$21.87$22.18$20.71$12.54$10.23$9.93
CAPEX per Share$0.22$0.49$0.32$0.52$0.37$0.60$0.37$0.42$0.23$0.31

LAZ Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)18.7817.13-41.039.288.7611.2316.198.3325.1713.22
Price to Book (P/B)4.767.547.315.964.744.967.64.795.314.15
Price to Sales (P/S)1.271.551.211.171.421.711.751.532.372.16
Enterprise Value to EBITDA13.0911.11105.156.686.48.7510.866.056.628.1
EV to Sales1.591.841.691.521.652.052.161.592.262.17
EV to Operating Cash Flow7.767.6526.125.146.239.418.456.5568.58
EV to Free Cash Flow7.528.1431.545.466.5310.599.027.056.169.17
Enterprise Value$5.24B$5.68B$4.30B$4.28B$5.40B$5.42B$5.73B$4.58B$6.09B$5.16B

LAZ Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)25.84%43.99%-17.81%64.25%54.15%44.14%46.97%57.49%21.11%31.37%
Return on Invested Capital (ROIC)7.48%7.36%-1.59%9.15%10.87%9.73%7.93%16.66%7.52%11.48%
Return on Tangible Assets5.79%6.36%-1.78%6.53%7.80%7.20%5.42%11.40%5.59%9.29%
Earnings Yield5.21%5.84%-2.44%10.78%11.41%8.90%6.18%12.00%3.97%7.56%
Free Cash Flow Yield16.65%14.54%4.40%23.65%17.86%11.32%13.69%14.79%15.48%10.97%
Dividend Yield4.66%3.73%5.59%5.48%4.24%4.35%5.50%8.19%5.35%6.56%

LAZ Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio2.832.922.222.12.11.811.631.651.961.9
Interest Coverage3.84.39-1.036.348.966.234.911.6415.4210.29
Income Quality2.862.72-2.182.121.61.432.371.3341.55
Debt to Equity2.353.455.133.962.292.513.811.560.990.96
Debt to Assets49.33%45.74%46.93%37.61%31.31%38.34%41.03%28.70%24.16%26.09%
Net Debt to EBITDA2.631.7329.441.510.921.452.070.25-0.320.05

LAZ Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover4.33.863.074.333.823.333.673.984.413.55
Payables Turnover4.79000000000
Inventory Turnover000-7.60-8.43-13.28-10.6200
Days Sales Outstanding84.7994.65119.0484.3295.5109.4999.4391.6482.81102.83
Days Payables Outstanding76.2000000000
Days of Inventory on Hand000-480-43.28-27.48-34.3700

LAZ Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA13.0911.11105.156.686.48.7510.866.056.628.1
Market Cap$4.19B$4.79B$3.10B$3.32B$4.63B$4.52B$4.64B$4.39B$6.38B$5.13B
Enterprise Value$5.24B$5.68B$4.30B$4.28B$5.40B$5.42B$5.73B$4.58B$6.09B$5.16B
Dividend Yield4.66%3.73%5.59%5.48%4.24%4.35%5.50%8.19%5.35%6.56%
Payout Ratio84.10%63.95%-229.30%50.87%37.11%48.85%88.98%68.23%134.65%86.70%

Frequently Asked Questions

How does Lazard Ltd’s P/E ratio compare with its history?

On this page, LAZ's current P/E is 18.8, compared with a multi-year average around 14.2. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Lazard Ltd market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $4.19B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Lazard Ltd’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Lazard Ltd's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Lazard Ltd compare to its competitors in key financial ratios?

The fastest way to compare Lazard Ltd with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Lazard Ltd outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Lazard Ltd's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Lazard Ltd is financially strong. Current ratio is about 2.83, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 3.80, implying a stronger ability to cover interest expenses. Debt-to-equity is about 2.35, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Lazard Ltd's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Lazard Ltd is sustaining strong returns (for example ROE at 25.84% and ROIC at 7.48%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.