VirTra
VTSI
#8906
Rank
C$0.12 B
Marketcap
$10.75
Share price
3.35%
Change (1 day)
9.54%
Change (1 year)

P/E ratio for VirTra (VTSI)

P/E ratio as of November 2024 (TTM): 18.4

According to VirTra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3571. At the end of 2022 the company had a P/E ratio of 26.0.

P/E ratio history for VirTra from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.0-10.86%
202129.257.43%
202018.5-103.8%
2019-487-2320.85%
201821.971.12%
201712.8-27.67%
201617.722.91%
201514.4-15.54%
201417.1174.92%
20136.21-90.92%
201268.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.1 53.33%๐Ÿ‡บ๐Ÿ‡ธ USA
44.7 143.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.47-124.35%๐Ÿ‡บ๐Ÿ‡ธ USA
5.65-69.21%๐Ÿ‡บ๐Ÿ‡ธ USA
43.6 137.38%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.