P/E ratio for Vertex Energy (VTNR)
P/E ratio as of April 2024 (TTM): 2.08
According to Vertex Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.07937. At the end of 2022 the company had a P/E ratio of -51.7.
P/E ratio history for Vertex Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -51.7 | 333.41% |
| 2021 | -11.9 | 1038.53% |
| 2020 | -1.05 | -81.64% |
| 2019 | -5.70 | 28.61% |
| 2018 | -4.43 | 68.05% |
| 2017 | -2.64 | -22.98% |
| 2016 | -3.43 | 170.97% |
| 2015 | -1.26 | -93.36% |
| 2014 | -19.0 | -340.14% |
| 2013 | 7.93 | -25.47% |
| 2012 | 10.6 | 234.83% |
| 2011 | 3.18 | -30.3% |
| 2010 | 4.56 | -195% |
| 2009 | -4.80 | 7796% |
| 2008 | -0.0608 | -57.45% |
| 2007 | -0.1429 | -88.31% |
| 2006 | -1.22 | -91.42% |
| 2005 | -14.3 | -49.71% |
| 2004 | -28.3 | -1193.84% |
| 2003 | 2.59 | 293.73% |
| 2002 | 0.6579 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 US Ecology
ECOL | -533 | -25,743.44% | 🇺🇸 USA |
 Heritage-Crystal Clean HCCI | 14.2 | 581.82% | 🇺🇸 USA |
 Clean Harbors
CLH | 28.5 | 1,270.25% | 🇺🇸 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.