Vetropack
VETN.SW
#7019
Rank
C$0.77 B
Marketcap
C$38.99
Share price
2.05%
Change (1 day)
6.95%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 12.2

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.38492. At the end of 2023 the company had a P/E ratio of 12.2.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.2-35.23%
202218.82.63%
202118.330.25%
202014.1-18.52%
201917.322.19%
201814.18.66%
201713.0-23.1%
201616.919.09%
201514.217.7%
201412.113.69%
201310.653.26%
20126.92-25.49%
20119.29-38.19%
201015.091.44%
20097.8540.83%
20085.57
20054.6412.55%
20044.1237.71%
20032.999.59%
20022.73

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.