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 |
|---|---|---|
| 2021 | 27.1 | 2.29% |
| 2020 | 26.5 | 25.64% |
| 2019 | 21.1 | -19.95% |
| 2018 | 26.4 | -18.01% |
| 2017 | 32.1 | 75.19% |
| 2016 | 18.3 | -71.27% |
| 2015 | 63.9 | 257.05% |
| 2014 | 17.9 | 25.47% |
| 2013 | 14.3 | -7.71% |
| 2012 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 46.1 | 71.08% | 🇺🇸 USA |
 Omega Flex OFLX | 46.5 | 72.71% | 🇺🇸 USA |
 Northwest Pipe Company
NWPX | 12.3 | -54.37% | 🇺🇸 USA |
 Gulf Island Fabrication
GIFI | -5.42 | -120.14% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 18.8 | -30.25% | 🇺🇸 USA |
 Apogee Enterprises APOG | 13.5 | -49.78% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 15.8 | -41.19% | 🇺🇸 USA |
 Insteel Industries IIIN | 4.81 | -82.13% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 13.6 | -49.63% | 🇺🇸 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.