P/E ratio for Vermilion Energy (VET)
P/E ratio as of March 2023 (TTM): 3.45
According to Vermilion Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.45294. At the end of 2021 the company had a P/E ratio of 2.25.
P/E ratio history for Vermilion Energy from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 2.25 | -477.69% |
| 2020 | -0.5944 | -100.59% |
| 2019 | 100 | 552.58% |
| 2018 | 15.4 | -82.51% |
| 2017 | 87.9 | -314.05% |
| 2016 | -41.1 | 118.72% |
| 2015 | -18.8 | -184.24% |
| 2014 | 22.3 | 15.79% |
| 2013 | 19.2 | -29.18% |
| 2012 | 27.2 | -6.03% |
| 2011 | 28.9 | -17.17% |
| 2010 | 34.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 8.36 | 142.21% | 🇺🇸 USA |
 Imperial Oil
IMO | 6.20 | 79.41% | 🇨🇦 Canada |
 Suncor Energy
SU | 5.91 | 71.24% | 🇨🇦 Canada |
 Enerplus
ERF | 4.99 | 44.46% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 7.02 | 103.26% | 🇨🇦 Canada |
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.