P/E ratio for Vecima Networks (VCM.TO)
P/E ratio as of March 2025 (TTM): 15.6
According to Vecima Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5906. At the end of 2023 the company had a P/E ratio of 15.3.
P/E ratio history for Vecima Networks from 2006 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 15.3 | -64.33% |
| 2022 | 43.0 | -105.37% |
| 2021 | -800 | -715.38% |
| 2020 | 130 | -316.67% |
| 2019 | -60.0 | -432.95% |
| 2018 | 18.0 | 45.97% |
| 2017 | 12.3 | 19.2% |
| 2016 | 10.4 | -35.5% |
| 2015 | 16.1 | 135.53% |
| 2014 | 6.82 | 29.15% |
| 2013 | 5.28 | -19.31% |
| 2012 | 6.54 | -98% |
| 2011 | 327 | -25.68% |
| 2010 | 440 | 5108.16% |
| 2009 | 8.45 | -35.69% |
| 2008 | 13.1 | -38.14% |
| 2007 | 21.2 |
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.