P/E ratio for Veolia (VIE.PA)
P/E ratio as of May 2024 (TTM): N/A
According to Veolia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2008 the company had a P/E ratio of 19.0.
P/E ratio history for Veolia from 2002 to 2010
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2008 | 19.0 | -37.16% |
| 2007 | 30.3 | -5.3% |
| 2006 | 32.0 | 27.4% |
| 2005 | 25.1 | 9.91% |
| 2004 | 22.8 | -637.89% |
| 2003 | -4.24 | -117.37% |
| 2002 | 24.4 |
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.