Vetropack
VETN.SW
#6973
Rank
C$0.79 B
Marketcap
C$39.90
Share price
0.00%
Change (1 day)
1.17%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2024: 41.5

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.4467. At the end of 2024 the company had a P/E ratio of 41.5.

P/E ratio history for Vetropack from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202441.5234.45%
202312.4-35.23%
202219.12.63%
202118.630.25%
202014.3-18.52%
201917.622.19%
201814.48.66%
201713.2-23.1%
201617.219.09%
201514.517.7%
201412.313.69%
201310.853.26%
20127.05-25.49%
20119.46-38.19%
201015.391.44%
20097.9940.83%
20085.67
20054.7212.55%
20044.2037.71%
20033.0511.55%
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.