VIB (Vietnam International Commercial Joint Stock Bank)
VIB.VN
#4184
Rank
โ‚ฌ1.99 B
Marketcap
0,67ย โ‚ฌ
Share price
-1.08%
Change (1 day)
5.70%
Change (1 year)

P/E ratio for VIB (Vietnam International Commercial Joint Stock Bank) (VIB.VN)

P/E ratio as of November 2024 (TTM): 5.55

According to VIB (Vietnam International Commercial Joint Stock Bank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.54607. At the end of 2023 the company had a P/E ratio of 5.03.

P/E ratio history for VIB (Vietnam International Commercial Joint Stock Bank) from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20235.0322.56%
20224.10-63.67%
202111.364.01%
20206.89

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.