Verallia
VRLA.PA
#3498
Rank
NZ$5.41 B
Marketcap
$45.62
Share price
-1.47%
Change (1 day)
-19.99%
Change (1 year)

P/E ratio for Verallia (VRLA.PA)

P/E ratio at the end of 2022: 10.9

According to Verallia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60001. At the end of 2022 the company had a P/E ratio of 10.9.

P/E ratio history for Verallia from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202210.9-26.51%
202114.8-3.36%
202015.3-47.69%
201929.2

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.