P/E ratio for Vestas Wind Systems (VWS.CO)
P/E ratio as of April 2024 (TTM): -30.2
According to Vestas Wind Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.2071. At the end of 2022 the company had a P/E ratio of -18.1.
P/E ratio history for Vestas Wind Systems from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.1 | -109.11% |
| 2021 | 199 | 340.92% |
| 2020 | 45.1 | 79.46% |
| 2019 | 25.1 | 31.69% |
| 2018 | 19.1 | 53.87% |
| 2017 | 12.4 | -13.45% |
| 2016 | 14.3 | -32.49% |
| 2015 | 21.2 | -72.42% |
| 2014 | 77.0 | -283.7% |
| 2013 | -41.9 | 5113.3% |
| 2012 | -0.8040 | -90.84% |
| 2011 | -8.78 | -134.31% |
| 2010 | 25.6 | -50.62% |
| 2009 | 51.8 | 341.66% |
| 2008 | 11.7 | -67.08% |
| 2007 | 35.6 | -20.33% |
| 2006 | 44.7 | -484.11% |
| 2005 | -11.6 | -31.81% |
| 2004 | -17.1 | -144.19% |
| 2003 | 38.6 | 59.96% |
| 2002 | 24.2 |
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.