Vale
VALE
#185
Rank
$68.42 B
Marketcap
$14.51
Share price
-1.96%
Change (1 day)
3.35%
Change (1 year)

P/E ratio for Vale (VALE)

P/E ratio as of October 2022 (TTM): 3.22

According to Vale's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.22444. At the end of 2020 the company had a P/E ratio of 17.6.

P/E ratio history for Vale from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202017.6-143.92%
2019-40.0-497.27%
201810.1-12.73%
201711.5
201462.9

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.