Value Line
VALU
#6736
Rank
C$0.57 B
Marketcap
$60.74
Share price
4.34%
Change (1 day)
-0.28%
Change (1 year)

P/E ratio for Value Line (VALU)

P/E ratio as of September 2024 (TTM): 22.8

According to Value Line's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8479. At the end of 2022 the company had a P/E ratio of 26.5.

P/E ratio history for Value Line from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.563.01%
202116.3-11.74%
202018.4-10.8%
201920.738.14%
201814.9-45.92%
201727.660.19%
201617.3-8.86%
201518.9-8.24%
201420.613.74%
201318.129.43%
201214.0424.9%
20112.67-82.45%
201015.2-232.71%
2009-11.5-195.95%
200811.9-27.25%
200716.4-11.13%
200618.58.28%
200517.1-6.34%
200418.2-16.03%
200321.7-11.6%
200224.58.84%
200122.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
34.9 52.56%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-4.92-121.51%๐Ÿ‡บ๐Ÿ‡ธ USA
190 731.98%๐Ÿ‡บ๐Ÿ‡ธ USA
37.1 62.45%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.