P/E ratio for Vertex Pharmaceuticals (VRTX)

P/E ratio history for Vertex Pharmaceuticals from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Gilead Sciences GILD	21.4	-39.80%	🇺🇸 USA
AbbVie ABBV	49.4	38.80%	🇺🇸 USA
Merck MRK	55.2	55.23%	🇺🇸 USA
Bristol-Myers Squibb BMY	15.1	-57.56%	🇺🇸 USA
Johnson & Johnson JNJ	11.0	-69.11%	🇺🇸 USA
Enanta Pharmaceuticals ENTA	-1.36	-103.82%	🇺🇸 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.