According to Vestas Wind Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.0176. At the end of 2021 the company had a P/E ratio of 156.
Year | P/E ratio | Change |
---|---|---|
2021 | 156 | 210.45% |
2020 | 50.2 | 97.04% |
2019 | 25.5 | 28.96% |
2018 | 19.8 | 46.63% |
2017 | 13.5 | -1.3% |
2016 | 13.6 | -35.01% |
2015 | 21.0 | 23.96% |
2014 | 16.9 | -132.36% |
2013 | -52.4 | 5342.82% |
2012 | -0.9620 | -90.65% |
2011 | -10.3 | -133.43% |
2010 | 30.8 | 113.93% |
2009 | 14.4 | -3.01% |
2008 | 14.8 | -68.48% |
2007 | 47.1 | -12% |
2006 | 53.5 | -529.68% |
2005 | -12.4 | -56.54% |
2004 | -28.6 | -165.08% |
2003 | 44.0 | 85.26% |
2002 | 23.8 |
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.