According to Valmet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7149. At the end of 2022 the company had a P/E ratio of 13.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.2 | -30.49% |
2021 | 19.1 | 24.77% |
2020 | 15.3 | -2.79% |
2019 | 15.7 | -12.31% |
2018 | 17.9 | -11.76% |
2017 | 20.3 | -20.15% |
2016 | 25.4 | 45.65% |
2015 | 17.5 | -47.07% |
2014 | 33.0 | -308.22% |
2013 | -15.8 |
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.