P/E ratio for Veritiv (VRTV)
P/E ratio as of September 2023 (TTM): 7.47
According to Veritiv 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.47189. At the end of 2021 the company had a P/E ratio of 12.7.
P/E ratio history for Veritiv from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.7 | |
| 2019 | -10.6 | -57.84% |
| 2018 | -25.2 | -25.82% |
| 2017 | -34.0 | -182.87% |
| 2016 | 41.0 | 89.18% |
| 2015 | 21.7 | -137.83% |
| 2014 | -57.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Middleby MIDD | 15.6 | 108.94% | 🇺🇸 USA |
 Chart Industries GTLS | -375 | -5,117.59% | 🇺🇸 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.