Vector Group
VGR
#3994
Rank
HK$18.30 B
Marketcap
HK$116.34
Share price
-0.10%
Change (1 day)
37.36%
Change (1 year)
Categories

P/E ratio for Vector Group (VGR)

P/E ratio as of September 2024 (TTM): 13.7

According to Vector Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6972. At the end of 2022 the company had a P/E ratio of 11.7.

P/E ratio history for Vector Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.743.2%
20218.20-40.45%
202013.8-8.64%
201915.1-18.41%
201818.5-30.35%
201726.5-7.42%
201628.7-17.3%
201534.6-17.47%
201442.042.37%
201329.5-0%
201229.5119.52%
201113.4-22.34%
201017.3-40.94%
200929.3172.06%
200810.8-13.11%
200712.4-29.34%
200617.555.24%
200511.3-83.95%
200470.4-335%
2003-29.9-431.86%
20029.02-73.29%
200133.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.4 78.36%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-22.78%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.0585-100.43%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.