According to Veritiv 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.52501. At the end of 2022 the company had a P/E ratio of 5.11.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.11 | -59.93% |
2021 | 12.7 | 31.76% |
2020 | 9.67 | -190.95% |
2019 | -10.6 | -57.84% |
2018 | -25.2 | -25.82% |
2017 | -34.0 | -182.87% |
2016 | 41.0 | 89.18% |
2015 | 21.7 | -130.11% |
2014 | -72.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Middleby MIDD | 16.7 | 121.76% | ๐บ๐ธ USA |
Chart Industries GTLS | -89.0 | -1,282.25% | ๐บ๐ธ USA |
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.