Vulcan Energy Resources
VUL.AX
#5694
Rank
HK$9.81 B
Marketcap
HK$20.54
Share price
-3.43%
Change (1 day)
-8.62%
Change (1 year)

P/E ratio for Vulcan Energy Resources (VUL.AX)

P/E ratio at the end of 2024: -19.0

According to Vulcan Energy Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.1982. At the end of 2024 the company had a P/E ratio of -19.0.

P/E ratio history for Vulcan Energy Resources from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-19.049.49%
2023-12.7-57.66%
2022-30.0-57.15%
2021-70.1625.06%
2020-9.6720.02%
2019-8.05

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.