Vermilion Energy
VET
#3707
Rank
$2.01 B
Marketcap
$12.44
Share price
2.73%
Change (1 day)
-41.90%
Change (1 year)

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
20212.25-477.69%
2020-0.5944-100.59%
2019100552.58%
201815.4-82.51%
201787.9-314.05%
2016-41.1118.72%
2015-18.8-184.24%
201422.315.79%
201319.2-29.18%
201227.2-6.03%
201128.9-17.17%
201034.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.36 142.21%๐Ÿ‡บ๐Ÿ‡ธ USA
6.20 79.41%๐Ÿ‡จ๐Ÿ‡ฆ Canada
5.91 71.24%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.99 44.46%๐Ÿ‡จ๐Ÿ‡ฆ Canada
7.02 103.26%๐Ÿ‡จ๐Ÿ‡ฆ 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.