P/E ratio for Vallourec (VK.PA)
P/E ratio as of April 2024 (TTM): 18.4
According to Vallourec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3677. At the end of 2022 the company had a P/E ratio of -7.67.
P/E ratio history for Vallourec from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.67 | -126.61% |
| 2021 | 28.8 | -11380.51% |
| 2020 | -0.2555 | -93.58% |
| 2019 | -3.98 | 168.81% |
| 2018 | -1.48 | -64.74% |
| 2017 | -4.20 | 47.33% |
| 2016 | -2.85 | 111.21% |
| 2015 | -1.35 | -56.4% |
| 2014 | -3.09 | -116.39% |
| 2013 | 18.9 | -16.43% |
| 2012 | 22.6 | 53.02% |
| 2011 | 14.8 | -33.58% |
| 2010 | 22.2 | 63.5% |
| 2009 | 13.6 | 209.52% |
| 2008 | 4.39 | -54.22% |
| 2007 | 9.59 | -22.54% |
| 2006 | 12.4 | 2428.51% |
| 2005 | 0.4895 | 35.21% |
| 2004 | 0.3620 | -97.7% |
| 2003 | 15.7 | 89.85% |
| 2002 | 8.28 | 44.67% |
| 2001 | 5.73 |
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.