According to Vale Indonesia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7647. At the end of 2022 the company had a P/E ratio of 22.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.7 | 15.53% |
2021 | 19.6 | -55.84% |
2020 | 44.4 | -1.48% |
2019 | 45.1 | 22.78% |
2018 | 36.7 | -143.02% |
2017 | -85.4 | -26.38% |
2016 | -116 | -590.91% |
2015 | 23.6 | 37.57% |
2014 | 17.2 | -68.34% |
2013 | 54.2 | 44.51% |
2012 | 37.5 | 261.03% |
2011 | 10.4 | -16.64% |
2010 | 12.5 | -45.25% |
2009 | 22.8 |
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.