According to Vocento's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.37376. At the end of 2023 the company had a P/E ratio of 16.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 16.7 | 182.17% |
2022 | 5.91 | -29% |
2021 | 8.32 | -263.3% |
2020 | -5.09 | -121.14% |
2019 | 24.1 | 93.66% |
2018 | 12.4 | -132.53% |
2017 | -38.3 | 1442.34% |
2016 | -2.48 | -105.9% |
2015 | 42.1 | -552.38% |
2014 | -9.30 | -20.94% |
2013 | -11.8 | 403.17% |
2012 | -2.34 | -33.67% |
2011 | -3.52 | -91.92% |
2010 | -43.6 | -177.7% |
2009 | 56.1 | 832.94% |
2008 | 6.02 | -70.92% |
2007 | 20.7 | -11.3% |
2006 | 23.3 |
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.