Lazard Ltd (LAZ) P/E Ratio History
Historical price-to-earnings valuation from 2005 to 2025
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LAZ Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Lazard Ltd (LAZ) trades at a price-to-earnings ratio of 20.8x, with a stock price of $45.10 and trailing twelve-month earnings per share of $2.20.
The current P/E is 51% above its 5-year average of 13.7x. Over the past five years, LAZ's P/E has ranged from a low of 6.5x to a high of 24.6x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.3x, LAZ trades at a 56% premium to its sector peers. The sector includes 779 companies with P/E ratios ranging from 0.0x to 197.4x.
Relative to the broader market, LAZ trades roughly in line with the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our LAZ DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
LAZ P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 23.2 | 2.05 | +55% | |
| $4B | 22.7 | 2.61 | +36% | |
| $5B | 21.6 | - | +65% | |
| $10B | 25.8 | 1.64 | +42% | |
| $2B | 35.6 | - | +145%Best | |
| $285B | 22.7 | 1.62 | +77% | |
| $301B | 23.8 | 2.67 | +53% | |
| $834B | 15.7 | 1.21 | +22% | |
| $404B | 13.9Lowest | 0.91Best | +19% | |
| $224B | 21.5 | - | +47% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
LAZ Historical P/E Data (2005–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $48.56 | $2.20 | 22.1x | -44% |
| FY2025 Q3 | $52.78 | $2.55 | 20.7x | -48% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $47.98 | $2.90 | 16.5x | -58% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $43.30 | $2.87 | 15.1x | -62% |
| FY2024 Q4 | $51.48 | $2.66 | 19.4x | -51% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $50.38 | $2.51 | 20.1x | -50% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $38.18 | $1.55 | 24.6x | -38% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $33.11 | $2.15 | 15.4x | -61% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $34.67 | $3.47 | 10.0x | -75% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $31.83 | $4.89 | 6.5x | -84% |
| FY2022 Q2 | $32.41 | $4.77 | 6.8x | -83% | |
| FY2022 Q1 | $34.50 | $4.93 | 7.0x | -82% |
Average P/E for displayed period: 39.8x
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Start ComparisonLAZ — Frequently Asked Questions
Quick answers to the most common questions about buying LAZ stock.
Is LAZ stock overvalued or undervalued?
LAZ trades at 20.8x P/E, above its 5-year average of 13.7x. The 90th percentile ranking indicates a premium to historical valuation.
How does LAZ's valuation compare to peers?
Lazard Ltd P/E of 20.8x compares to sector median of 13.3x. The premium reflects expected growth above peers.
What is LAZ's PEG ratio?
LAZ PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2005-2025.