Vulcan Materials
VMC
#553
Rank
NZ$63.63 B
Marketcap
$481.83
Share price
1.21%
Change (1 day)
39.01%
Change (1 year)
Vulcan Materials Company is an American manufacturer of building materials such as crushed stone, sand and gravel, asphalt and ready-mixed concrete.

P/E ratio for Vulcan Materials (VMC)

P/E ratio as of November 2024 (TTM): 45.3

According to Vulcan Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.2786. At the end of 2022 the company had a P/E ratio of 40.4.

P/E ratio history for Vulcan Materials from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202240.4-1.61%
202141.121.95%
202033.79.32%
201930.821.71%
201825.3-10.4%
201728.3-28.83%
201639.7-30.55%
201557.235.78%
201442.1-86.53%
2013313-340.34%
2012-13081.88%
2011-71.522.58%
2010-58.4-123.27%
2009251-96.4%
2008> 100040720.74%
200717.0-7.82%
200618.53.99%
200517.8-8.17%
200419.4-22.25%
200324.923.53%
200220.2-7.06%
200121.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
34.2-24.52%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฎ๐Ÿ‡ช Ireland
10.9-75.94%๐Ÿ‡บ๐Ÿ‡ธ USA
0.6663-98.53%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
21.2-53.25%๐Ÿ‡บ๐Ÿ‡ธ USA
31.2-31.01%๐Ÿ‡บ๐Ÿ‡ธ USA

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.