P/E ratio for Venture Corporation (V03.SI)
P/E ratio as of April 2024 (TTM): 11.3
According to Venture Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3396. At the end of 2018 the company had a P/E ratio of 10.8.
P/E ratio history for Venture Corporation from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 10.8 | -30.05% |
| 2017 | 15.5 | 2.34% |
| 2016 | 15.1 | 2.96% |
| 2015 | 14.7 | -48.28% |
| 2014 | 28.4 | 4768.19% |
| 2013 | 0.5836 | -8.14% |
| 2012 | 0.6353 | -94.15% |
| 2011 | 10.9 | -19.56% |
| 2010 | 13.5 | -19.04% |
| 2009 | 16.7 |
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.