Van de Velde
VAN.BR
#7215
Rank
NZ$0.67 B
Marketcap
$52.52
Share price
-1.37%
Change (1 day)
-10.11%
Change (1 year)

P/E ratio for Van de Velde (VAN.BR)

P/E ratio at the end of 2023: 12.3

According to Van de Velde's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4762. At the end of 2023 the company had a P/E ratio of 12.3.

P/E ratio history for Van de Velde from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.316.97%
202210.5-20.7%
202113.2-24.5%
202017.5-0.85%
201917.736.26%
201813.0-15.86%
201715.4-41.09%
201626.235.47%
201519.3-89.09%
20141771435.01%
201311.5-16.83%
201213.950.82%
20119.21-10.34%
201010.3-7.09%
200911.130.55%
20088.47-28.14%
200711.8-13.61%
200613.655.91%
20058.75-8.02%
20049.51

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.