Verra Mobility
VRRM
#3168
Rank
HK$30.03 B
Marketcap
HK$182.23
Share price
0.77%
Change (1 day)
18.16%
Change (1 year)

P/E ratio for Verra Mobility (VRRM)

P/E ratio as of November 2024 (TTM): 46.2

According to Verra Mobility's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.2059. At the end of 2022 the company had a P/E ratio of 23.1.

P/E ratio history for Verra Mobility from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.1-61.16%
202159.3-77.89%
2020268302.89%
201966.6-272.83%
2018-38.5-119.39%
2017199

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
46.2 0.00%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.