Vermilion Energy
VET
#4716
Rank
S$2.14 B
Marketcap
$13.80
Share price
1.38%
Change (1 day)
-20.86%
Change (1 year)

P/E ratio for Vermilion Energy (VET)

P/E ratio as of November 2024 (TTM): 2.35

According to Vermilion Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.35231. At the end of 2022 the company had a P/E ratio of 2.90.

P/E ratio history for Vermilion Energy from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.9031.36%
20212.21-440.79%
2020-0.6476-100.62%
2019104602.92%
201814.8-84.02%
201792.7-333.55%
2016-39.7110.51%
2015-18.8-188.31%
201421.312.84%
201318.9-29.68%
201226.9-4.4%
201128.1-70.88%
201096.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.37 128.36%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.5 387.38%๐Ÿ‡จ๐Ÿ‡ฆ Canada
6.66 183.11%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.9 407.94%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 410.94%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.