According to Vanda Pharmaceuticals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3148. At the end of 2022 the company had a P/E ratio of 61.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 61.6 | 135.5% |
2021 | 26.2 | -14.43% |
2020 | 30.6 | 304.09% |
2019 | 7.56 | -85.53% |
2018 | 52.3 | -216.9% |
2017 | -44.7 | 17.72% |
2016 | -38.0 | 283.43% |
2015 | -9.90 | -126.28% |
2014 | 37.7 | -303.45% |
2013 | -18.5 | 390.59% |
2012 | -3.78 | -71.45% |
2011 | -13.2 | -136.34% |
2010 | 36.4 | -526.91% |
2009 | -8.52 | 3189.77% |
2008 | -0.2591 | -89.42% |
2007 | -2.45 | 3749.1% |
2006 | -0.0636 |
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.