Vanquis Banking Group
VANQ.L
#8262
Rank
C$0.28 B
Marketcap
$1.07
Share price
-4.57%
Change (1 day)
-51.65%
Change (1 year)

P/E ratio for Vanquis Banking Group (VANQ.L)

P/E ratio at the end of 2023: -52.5

According to Vanquis Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2477.46. At the end of 2023 the company had a P/E ratio of -52.5.

P/E ratio history for Vanquis Banking Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-52.5-923.49%
20226.38-124.9%
2021-25.6194.45%
2020-8.69-160.58%
201914.4-36.67%
201822.7-348.96%
2017-9.10-157.68%
201615.8-14.97%
201518.620.81%
201415.430.45%
201311.822.82%
20129.5914.21%
20118.40-8.93%
20109.22-13.32%
200910.61.08%
200810.541.5%
20077.4463.78%
20064.54-100%
2005> 10005073922.84%
20043.79-6.98%
20034.08-13.22%
20024.70-14.33%
20015.48

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.