P/E ratio for Vaibhav Global (VAIBHAVGBL.NS)
P/E ratio as of May 2024 (TTM): 54.1
According to Vaibhav Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.0847. At the end of 2022 the company had a P/E ratio of 46.9.
P/E ratio history for Vaibhav Global from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.9 | 30.26% |
| 2021 | 36.0 | 16.26% |
| 2020 | 31.0 | 115.96% |
| 2019 | 14.3 | -4.41% |
| 2018 | 15.0 | -34.96% |
| 2017 | 23.1 | 31.08% |
| 2016 | 17.6 | -47.1% |
| 2015 | 33.3 | 101.33% |
| 2014 | 16.5 | -119.62% |
| 2013 | -84.2 |
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.