P/E ratio for ÖKOWORLD (VVV3.DE)
P/E ratio at the end of 2022: 9.88
According to ÖKOWORLD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.53634. At the end of 2022 the company had a P/E ratio of 9.88.
P/E ratio history for ÖKOWORLD from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.88 | -4.92% |
| 2021 | 10.4 | 77.02% |
| 2020 | 5.87 | -36.93% |
| 2019 | 9.31 | -67.66% |
| 2018 | 28.8 | 151.19% |
| 2017 | 11.5 | -33.52% |
| 2016 | 17.2 | -27.66% |
| 2015 | 23.8 | 93.94% |
| 2014 | 12.3 | -18.51% |
| 2013 | 15.1 | 10.72% |
| 2012 | 13.6 | -14.38% |
| 2011 | 15.9 | 138.7% |
| 2010 | 6.66 | -326.03% |
| 2009 | -2.95 | -125.33% |
| 2008 | 11.6 |
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.