Valmont Industries
VMI
#2263
Rank
A$10.49 B
Marketcap
$523.75
Share price
0.99%
Change (1 day)
62.65%
Change (1 year)

P/E ratio for Valmont Industries (VMI)

P/E ratio as of November 2024 (TTM): 46.9

According to Valmont Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.8616. At the end of 2022 the company had a P/E ratio of 28.1.

P/E ratio history for Valmont Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.13.63%
202127.12.29%
202026.522.28%
201921.7-17.75%
201826.4-18.01%
201732.175.19%
201618.3-71.27%
201563.9257.05%
201417.925.47%
201314.3-7.71%
201215.447.34%
201110.5-57.23%
201024.580.9%
200913.513.28%
200812.0-50.21%
200724.05.63%
200622.79.43%
200520.8-6.47%
200422.22.71%
200321.656.13%
200213.94.46%
200113.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.0-50.95%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-56.79%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6-32.49%๐Ÿ‡บ๐Ÿ‡ธ USA
36.5-22.05%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1-52.77%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-72.09%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1-52.84%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-75.09%๐Ÿ‡บ๐Ÿ‡ธ USA
18.0-61.64%๐Ÿ‡บ๐Ÿ‡ธ USA

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.