P/E ratio for Vivid Games (VVD.WA)
P/E ratio as of June 2024 (TTM): 7.73
According to Vivid Games's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.73446. At the end of 2020 the company had a P/E ratio of 21.5.
P/E ratio history for Vivid Games from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 21.5 | -83.97% |
| 2019 | 134 | -2166.86% |
| 2018 | -6.50 | -20.13% |
| 2017 | -8.14 | -144.64% |
| 2016 | 18.2 | -5.85% |
| 2015 | 19.4 | -96.25% |
| 2014 | 517 | 2042.55% |
| 2013 | 24.1 | -39.43% |
| 2012 | 39.8 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.