P/E ratio for VEON (VEON)
P/E ratio as of May 2024 (TTM): 2.02
According to VEON's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.02433. At the end of 2021 the company had a P/E ratio of 4.38.
P/E ratio history for VEON from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.38 | -158.07% |
| 2020 | -7.55 | -205.22% |
| 2019 | 7.18 | 4% |
| 2018 | 6.90 | -150.07% |
| 2017 | -13.8 | -593.71% |
| 2016 | 2.79 | -134.34% |
| 2015 | -8.13 | -23.06% |
| 2014 | -10.6 | -38.11% |
| 2013 | -17.1 | -251.61% |
| 2012 | 11.3 | -52.45% |
| 2011 | 23.7 | 136.12% |
| 2010 | 10.0 | -40.26% |
| 2009 | 16.8 |
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.