Veeco
VECO
#4151
Rank
$1.98 B
Marketcap
$35.17
Share price
0.89%
Change (1 day)
71.81%
Change (1 year)

P/E ratio for Veeco (VECO)

P/E ratio as of March 2024 (TTM): 24.4

According to Veeco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4236. At the end of 2022 the company had a P/E ratio of 5.56.

P/E ratio history for Veeco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.56-89.64%
202153.7-153.26%
2020-1011046.67%
2019-8.80928.03%
2018-0.8557-94.01%
2017-14.353.32%
2016-9.31-63.31%
2015-25.422.98%
2014-20.6-31.02%
2013-29.9-186.23%
201234.7438.76%
20116.4437.01%
20104.70-106.83%
2009-68.82549.11%
2008-2.60-91.44%
2007-30.4-179.44%
200638.2-108.82%
2005-4334238.67%
2004-9.99-88.3%
2003-85.33037.25%
2002-2.72-103.02%
200190.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.1 10.81%๐Ÿ‡บ๐Ÿ‡ธ USA
32.9 34.80%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.38-130.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-153-726.44%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-36.67%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.