According to Vale's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.17617. At the end of 2023 the company had a P/E ratio of 8.65.
Year | P/E ratio | Change |
---|---|---|
2023 | 8.65 | |
2019 | -40.0 | -497.27% |
2018 | 10.1 | -12.73% |
2017 | 11.5 | |
2014 | 62.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Rio Tinto RIO | N/A | N/A | ๐ฌ๐ง UK |
![]() BHP Group BHP | 9.67 | 86.83% | ๐ฆ๐บ Australia |
![]() Cleveland-Cliffs CLF | -3.65 | -170.43% | ๐บ๐ธ USA |
![]() ArcelorMittal MT | 15.8 | 205.58% | ๐ฑ๐บ Luxembourg |
![]() Companhia Siderรบrgica Nacional
SID | -4.26 | -182.35% | ๐ง๐ท Brazil |
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.