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Valmont Industries
VMI
#1902
Rank
$6.81 B
Marketcap
$316.99
Share price
0.70%
Change (1 day)
30.78%
Change (1 year)

P/E ratio for Valmont Industries (VMI)

P/E ratio as of March 2023 (TTM): 26.9

According to Valmont Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.932. At the end of 2021 the company had a P/E ratio of 27.1.

P/E ratio history for Valmont Industries from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202127.12.29%
202026.525.64%
201921.1-19.95%
201826.4-18.01%
201732.175.19%
201618.3-71.27%
201563.9257.05%
201417.925.47%
201314.3-7.71%
201215.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
46.1 71.08%๐Ÿ‡บ๐Ÿ‡ธ USA
46.5 72.71%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3-54.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.42-120.14%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8-30.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5-49.78%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-41.19%๐Ÿ‡บ๐Ÿ‡ธ USA
4.81-82.13%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-49.63%๐Ÿ‡บ๐Ÿ‡ธ USA

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.