Viva Energy
VEA.AX
#4485
Rank
S$2.87 B
Marketcap
S$1.77
Share price
-3.72%
Change (1 day)
-17.99%
Change (1 year)

P/E ratio for Viva Energy (VEA.AX)

P/E ratio at the end of 2024: -56.5

According to Viva Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.9127. At the end of 2024 the company had a P/E ratio of -56.5.

P/E ratio history for Viva Energy from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-56.5-104.47%
2023> 100018261.74%
20226.89-42.37%
202111.9-117.76%
2020-67.3-395.13%
201922.8468.51%
20184.01

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.