P/E ratio for Vitrolife AB (VITR.ST)
P/E ratio as of April 2025 (TTM): 44.0
According to Vitrolife AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.9584. At the end of 2023 the company had a P/E ratio of -6.85.
P/E ratio history for Vitrolife AB from 2010 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -6.85 | -110.7% |
| 2022 | 64.0 | -66.06% |
| 2021 | 189 | 130.67% |
| 2020 | 81.7 | 46.1% |
| 2019 | 55.9 | 6.23% |
| 2018 | 52.7 | 2.71% |
| 2017 | 51.3 | 16.2% |
| 2016 | 44.1 | 28.79% |
| 2015 | 34.3 | 12.7% |
| 2014 | 30.4 | -8.39% |
| 2013 | 33.2 | 1292.86% |
| 2012 | 2.38 | -87.77% |
| 2011 | 19.5 | 13.42% |
| 2010 | 17.2 | 28.44% |
| 2009 | 13.4 | 31.99% |
| 2008 | 10.1 | -6.74% |
| 2007 | 10.9 | -63.95% |
| 2006 | 30.1 | 34.42% |
| 2005 | 22.4 | 15% |
| 2004 | 19.5 | 206.24% |
| 2003 | 6.36 | 449.67% |
| 2002 | 1.16 |
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.