Varta
VAR1.F
#5018
Rank
$0.92 B
Marketcap
$21.67
Share price
-1.28%
Change (1 day)
-29.07%
Change (1 year)

P/E ratio for Varta (VAR1.F)

P/E ratio as of December 2023 (TTM): -2.69

According to Varta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.69286. At the end of 2022 the company had a P/E ratio of -4.49.

P/E ratio history for Varta from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.49-112.21%
202136.8-26.5%
202050.0-48.24%
201996.7147.82%
201839.0-36.62%
201761.6

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.