Vetropack
VETN.SW
#6271
Rank
NZ$1.06 B
Marketcap
$53.60
Share price
-0.71%
Change (1 day)
-22.30%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 11.9

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.45722. At the end of 2023 the company had a P/E ratio of 11.9.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.9-36.65%
202218.8-0.47%
202118.927.33%
202014.9-20.39%
201918.719.49%
201815.66.31%
201714.7-24.53%
201619.516.01%
201516.814.84%
201414.611.17%
201313.150.57%
20128.73-27.04%
201112.0-39.16%
201019.787.82%
200910.537.42%
20087.62
20056.5610.72%
20045.9235.02%
20034.39-6.11%
20024.67

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.