Vidrala
VID.MC
#3407
Rank
$3.32 B
Marketcap
$99.27
Share price
-1.15%
Change (1 day)
13.35%
Change (1 year)

P/E ratio for Vidrala (VID.MC)

P/E ratio as of November 2024 (TTM): 23.9

According to Vidrala's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9334. At the end of 2016 the company had a P/E ratio of 13.4.

P/E ratio history for Vidrala from 2013 to 2017

PE ratio at the end of each year

Year P/E ratio Change
201613.4-5.15%
201514.13.58%
201413.67.35%
201312.7

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.