Victorian Plumbing Group
VIC.L
#6716
Rank
NZ$0.79 B
Marketcap
$2.42
Share price
-0.88%
Change (1 day)
50.24%
Change (1 year)

P/E ratio for Victorian Plumbing Group (VIC.L)

P/E ratio at the end of 2023: 22.8

According to Victorian Plumbing Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2890.33. At the end of 2023 the company had a P/E ratio of 22.8.

P/E ratio history for Victorian Plumbing Group from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202322.879.67%
202212.7-72.67%
202146.5

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.