According to Valmont Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.9438. At the end of 2022 the company had a P/E ratio of 28.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 28.1 | 3.63% |
2021 | 27.1 | 2.29% |
2020 | 26.5 | 22.28% |
2019 | 21.7 | -17.75% |
2018 | 26.4 | -18.01% |
2017 | 32.1 | 75.19% |
2016 | 18.3 | -71.27% |
2015 | 63.9 | 257.05% |
2014 | 17.9 | 25.47% |
2013 | 14.3 | -7.71% |
2012 | 15.4 | 47.34% |
2011 | 10.5 | -57.23% |
2010 | 24.5 | 80.9% |
2009 | 13.5 | 13.28% |
2008 | 12.0 | -50.21% |
2007 | 24.0 | 5.63% |
2006 | 22.7 | 9.43% |
2005 | 20.8 | -6.47% |
2004 | 22.2 | 2.71% |
2003 | 21.6 | 56.13% |
2002 | 13.9 | 4.46% |
2001 | 13.3 |
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.