Vranken-Pommery Monopole
VRAP.PA
#8474
Rank
C$0.18 B
Marketcap
$20.27
Share price
0.74%
Change (1 day)
-9.38%
Change (1 year)

P/E ratio for Vranken-Pommery Monopole (VRAP.PA)

P/E ratio at the end of 2023: 22.8

According to Vranken-Pommery Monopole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0979. At the end of 2023 the company had a P/E ratio of 22.8.

P/E ratio history for Vranken-Pommery Monopole from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202322.852.68%
202215.0-27.26%
202120.6-95.35%
2020442-77.42%
2019> 10003172.62%
201859.9173.9%
201721.9-37.11%
201634.7-46.5%
201564.9799.1%
20147.22-67.08%
201321.9-14%
201225.552.58%
201116.735.22%
201012.4283.56%
20093.22-53.79%
20086.98-45.76%
200712.9

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.