According to BOE Varitronix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3627. At the end of 2024 the company had a P/E ratio of 13.3.
Year | P/E ratio | Change |
---|---|---|
2024 | 13.3 | 14.36% |
2023 | 11.6 | -38.27% |
2022 | 18.8 | -8.22% |
2021 | 20.5 | -31.69% |
2020 | 30.1 | -58.47% |
2019 | 72.4 | -20.93% |
2018 | 91.5 | -46.44% |
2017 | 171 | 348.41% |
2016 | 38.1 | 551.75% |
2015 | 5.85 | -14.6% |
2014 | 6.85 | -36.79% |
2013 | 10.8 | 80.63% |
2012 | 6.00 | -4.41% |
2011 | 6.27 | 9.25% |
2010 | 5.74 | -278.02% |
2009 | -3.23 | -107.62% |
2008 | 42.3 | 510.13% |
2007 | 6.93 | -3.31% |
2006 | 7.17 | -172.61% |
2005 | -9.88 | -184.16% |
2004 | 11.7 | -23.87% |
2003 | 15.4 | 38.33% |
2002 | 11.1 | -67.32% |
2001 | 34.1 |
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.