P/E ratio for Veris Residential (VRE)
P/E ratio as of April 2024 (TTM): -17.9
According to Veris Residential's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.8659. At the end of 2022 the company had a P/E ratio of -25.3.
P/E ratio history for Veris Residential from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -25.3 | 92.6% |
| 2021 | -13.1 | -26.24% |
| 2020 | -17.8 | -173.11% |
| 2019 | 24.3 | -0.57% |
| 2018 | 24.5 | -94.32% |
| 2017 | 431 | 1831.63% |
| 2016 | 22.3 | -233.84% |
| 2015 | -16.7 | -128% |
| 2014 | 59.6 | -149.91% |
| 2013 | -119 | -310.24% |
| 2012 | 56.8 | 72.26% |
| 2011 | 33.0 | -33.22% |
| 2010 | 49.3 | -0.09% |
| 2009 | 49.4 | 59.24% |
| 2008 | 31.0 | 46.85% |
| 2007 | 21.1 | -4.76% |
| 2006 | 22.2 | -21.98% |
| 2005 | 28.4 | 1.88% |
| 2004 | 27.9 | 63.55% |
| 2003 | 17.1 | 37.92% |
| 2002 | 12.4 | -7.11% |
| 2001 | 13.3 |
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.