P/E ratio for Valmont Industries (VMI)

P/E ratio history for Valmont Industries from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Gibraltar Industries ROCK	21.6	-50.18%	🇺🇸 USA
Northwest Pipe Company NWPX	17.4	-59.93%	🇺🇸 USA
Armstrong World Industries AWI	28.0	-35.51%	🇺🇸 USA
Gulf Island Fabrication GIFI	28.6	-34.10%	🇺🇸 USA
Omega Flex OFLX	22.4	-48.44%	🇺🇸 USA
NOV NOV	11.9	-72.52%	🇺🇸 USA
Simpson Manufacturing Company SSD	21.5	-50.52%	🇺🇸 USA
Insteel Industries IIIN	10.4	-75.95%	🇺🇸 USA
Apogee Enterprises APOG	16.3	-62.44%	🇺🇸 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.