P/E ratio for NCR Voyix Corporation (VYX)
P/E ratio as of May 2024 (TTM): -14.7
According to NCR Voyix Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.6703. At the end of 2022 the company had a P/E ratio of 46.3.
P/E ratio history for NCR Voyix Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.3 | 14.59% |
| 2021 | 40.4 | -249.1% |
| 2020 | -27.1 | -553.82% |
| 2019 | 5.98 | -148.95% |
| 2018 | -12.2 | -159.12% |
| 2017 | 20.6 | 46.86% |
| 2016 | 14.1 | -199.31% |
| 2015 | -14.2 | -191.07% |
| 2014 | 15.5 | 98.64% |
| 2013 | 7.83 | -50.94% |
| 2012 | 16.0 |
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.