According to Viscofan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.831. At the end of 2022 the company had a P/E ratio of 19.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.9 | 0.57% |
2021 | 19.8 | -9.74% |
2020 | 22.0 | 6.11% |
2019 | 20.7 | 14.38% |
2018 | 18.1 | -13.8% |
2017 | 21.0 | 20.29% |
2016 | 17.5 | -19.2% |
2015 | 21.6 | 11.98% |
2014 | 19.3 | 55.47% |
2013 | 12.4 | -18.18% |
2012 | 15.2 | 43.15% |
2011 | 10.6 | -34.79% |
2010 | 16.2 | 25.88% |
2009 | 12.9 |
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.