P/E ratio for Valmont Industries (VMI)
P/E ratio as of April 2024 (TTM): 29.6
According to Valmont Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.5767. At the end of 2022 the company had a P/E ratio of 28.1.
P/E ratio history for Valmont Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.1 | 3.63% |
| 2021 | 27.1 | 2.29% |
| 2020 | 26.5 | 22.28% |
| 2019 | 21.7 | -17.75% |
| 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 | 47.34% |
| 2011 | 10.5 | -57.23% |
| 2010 | 24.5 | 80.9% |
| 2009 | 13.5 | 13.28% |
| 2008 | 12.0 | -50.21% |
| 2007 | 24.0 | 5.63% |
| 2006 | 22.7 | 9.43% |
| 2005 | 20.8 | -6.47% |
| 2004 | 22.2 | 2.71% |
| 2003 | 21.6 | 56.13% |
| 2002 | 13.9 | 4.46% |
| 2001 | 13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 15.1 | -48.96% | 🇺🇸 USA |
 Omega Flex OFLX | 30.0 | 1.36% | 🇺🇸 USA |
 Northwest Pipe Company
NWPX | 11.7 | -60.38% | 🇺🇸 USA |
 Gulf Island Fabrication
GIFI | 34.3 | 16.02% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 23.7 | -19.75% | 🇺🇸 USA |
 Apogee Enterprises APOG | 12.2 | -58.78% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 23.2 | -21.67% | 🇺🇸 USA |
 Insteel Industries IIIN | 13.1 | -55.80% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 22.2 | -24.96% | 🇺🇸 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.