Vale Indonesia
INCO.JK
#3755
Rank
$2.55 B
Marketcap
$0.26
Share price
0.00%
Change (1 day)
-39.53%
Change (1 year)

P/E ratio for Vale Indonesia (INCO.JK)

P/E ratio as of March 2024 (TTM): 11.8

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.

P/E ratio history for Vale Indonesia from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.715.53%
202119.6-55.84%
202044.4-1.48%
201945.122.78%
201836.7-143.02%
2017-85.4-26.38%
2016-116-590.91%
201523.637.57%
201417.2-68.34%
201354.244.51%
201237.5261.03%
201110.4-16.64%
201012.5-45.25%
200922.8

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.