Vetropack
VETN.SW
#6684
Rank
โ‚ฌ0.53 B
Marketcap
27,22ย โ‚ฌ
Share price
-0.39%
Change (1 day)
-32.20%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 11.5

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.36687. At the end of 2023 the company had a P/E ratio of 11.5.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.5-36.65%
202218.1-0.47%
202118.227.33%
202014.3-20.39%
201917.919.49%
201815.06.31%
201714.1-24.53%
201618.716.01%
201516.114.84%
201414.011.17%
201312.650.57%
20128.39-27.04%
201111.5-39.16%
201018.987.82%
200910.137.42%
20087.32
20056.3110.72%
20045.6935.02%
20034.22-6.11%
20024.49

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.