Zignago Vetro
ZV.MI
#5805
Rank
ยฃ0.68 B
Marketcap
ยฃ7.75
Share price
0.32%
Change (1 day)
-38.23%
Change (1 year)

P/E ratio for Zignago Vetro (ZV.MI)

P/E ratio as of December 2024 (TTM): 10.7

According to Zignago Vetro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7401. At the end of 2023 the company had a P/E ratio of 10.3.

P/E ratio history for Zignago Vetro from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202310.3-28.25%
202214.4-42.73%
202125.1-4.42%
202026.325.32%
201921.027.59%
201816.5-7.03%
201717.715.41%
201615.3-15.31%
201518.1-1.8%
201418.411.96%
201316.534.08%
201212.319.87%
201110.2-7.83%
201011.1-0.24%
200911.140.92%
20087.91-47%
200714.9

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.