Vornado Realty Trust
VNO
#1997
Rank
ยฃ6.30 B
Marketcap
ยฃ30.35
Share price
0.38%
Change (1 day)
67.84%
Change (1 year)

P/E ratio for Vornado Realty Trust (VNO)

P/E ratio as of October 2024 (TTM): -19.6

According to Vornado Realty Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.5965. At the end of 2022 the company had a P/E ratio of -9.77.

P/E ratio history for Vornado Realty Trust from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.77-112.37%
202179.0-482.85%
2020-20.6-603.49%
20194.10-86.59%
201830.6-66.78%
201792.0375.29%
201619.4-13.55%
201522.48.65%
201420.6-33.71%
201331.156.5%
201219.915.14%
201117.2-7.48%
201018.6-88.34%
2009160616.49%
200822.310.64%
200720.2-21.23%
200625.653.79%
200516.733.39%
200412.520.1%
200310.4-26.22%
200214.115.3%
200112.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-19.3-1.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-32.0 63.09%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-238.04%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6-230.57%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.