Velodyne Lidar
VLDR
#6568
Rank
$0.30 B
Marketcap
$1.26
Share price
0.00%
Change (1 day)
-20.75%
Change (1 year)

P/E ratio for Velodyne Lidar (VLDR)

P/E ratio as of March 2024 (TTM): -1.48

According to Velodyne Lidar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.48235. At the end of 2021 the company had a P/E ratio of -4.18.

P/E ratio history for Velodyne Lidar from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-4.18-83.44%
2020-25.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.3-3,154.93%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-1,089.89%๐Ÿ‡บ๐Ÿ‡ธ USA
140-9,564.16%๐Ÿ‡บ๐Ÿ‡ธ 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.