Vetropack
VETN.SW
#7627
Rank
ยฃ0.33 B
Marketcap
ยฃ17.08
Share price
-4.30%
Change (1 day)
-41.16%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2024: 40.2

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3204. At the end of 2024 the company had a P/E ratio of 40.2.

P/E ratio history for Vetropack from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202440.2234.45%
202312.0-35.23%
202218.62.63%
202118.130.25%
202013.9-18.52%
201917.022.19%
201813.98.66%
201712.8-23.1%
201616.719.09%
201514.017.7%
201411.913.69%
201310.553.26%
20126.83-25.49%
20119.17-38.19%
201014.891.44%
20097.7540.83%
20085.50
20054.5812.55%
20044.0737.71%
20032.969.6%
20022.70

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.