Vetropack
VETN.SW
#6256
Rank
S$0.84 B
Marketcap
$42.39
Share price
3.65%
Change (1 day)
-11.68%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 12.1

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.41676. At the end of 2023 the company had a P/E ratio of 12.1.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.1-36.65%
202219.0-0.47%
202119.127.33%
202015.0-20.39%
201918.919.49%
201815.86.31%
201714.9-24.53%
201619.716.01%
201517.014.84%
201414.811.17%
201313.350.57%
20128.83-27.04%
201112.1-39.16%
201019.987.82%
200910.637.42%
20087.71
20056.6410.72%
20045.9935.02%
20034.44-6.11%
20024.73

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.