P/E ratio for Vector Limited (VCT.NZ)
P/E ratio at the end of 2022: 26.3
According to Vector Limited 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0954. At the end of 2022 the company had a P/E ratio of 26.3.
P/E ratio history for Vector Limited from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.3 | 43.43% |
| 2021 | 18.3 | -50.54% |
| 2020 | 37.1 | -10.8% |
| 2019 | 41.5 | 99.4% |
| 2018 | 20.8 | 24.62% |
| 2017 | 16.7 | 62.67% |
| 2016 | 10.3 | -49.06% |
| 2015 | 20.2 | 88.85% |
| 2014 | 10.7 | 2.06% |
| 2013 | 10.5 | 1.59% |
| 2012 | 10.3 | 11.12% |
| 2011 | 9.27 | -8.25% |
| 2010 | 10.1 | 94.43% |
| 2009 | 5.20 | -45.7% |
| 2008 | 9.57 | -54.42% |
| 2007 | 21.0 | -61.3% |
| 2006 | 54.3 |
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.