Vetropack
VETN.SW
#6368
Rank
HK$4.74 B
Marketcap
HK$239.55
Share price
-1.09%
Change (1 day)
-24.11%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 11.8

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.19021. At the end of 2023 the company had a P/E ratio of 11.8.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.8-36.65%
202218.6-0.47%
202118.627.33%
202014.6-20.39%
201918.419.49%
201815.46.31%
201714.5-24.53%
201619.216.01%
201516.514.84%
201414.411.17%
201313.050.57%
20128.60-27.04%
201111.8-39.16%
201019.487.82%
200910.337.42%
20087.51
20056.4710.72%
20045.8435.02%
20034.33-6.11%
20024.61

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.