Viscofan
VIS.MC
#3620
Rank
HK$23.20 B
Marketcap
HK$508.88
Share price
-0.16%
Change (1 day)
10.77%
Change (1 year)

P/E ratio for Viscofan (VIS.MC)

P/E ratio as of November 2024 (TTM): 20.9

According to Viscofan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.8813. At the end of 2022 the company had a P/E ratio of 19.9.

P/E ratio history for Viscofan from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.90.57%
202119.8-9.74%
202022.06.11%
201920.714.38%
201818.1-13.8%
201721.020.29%
201617.5-19.2%
201521.611.98%
201419.355.47%
201312.4-18.18%
201215.243.15%
201110.6-34.79%
201016.225.88%
200912.9

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.