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Vestas Wind Systems
VWS.CO
#631
Rank
$27.68 B
Marketcap
$27.51
Share price
0.55%
Change (1 day)
-0.69%
Change (1 year)

P/E ratio for Vestas Wind Systems (VWS.CO)

P/E ratio as of March 2023 (TTM): -28.0

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.

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
2021156210.45%
202050.297.04%
201925.528.96%
201819.846.63%
201713.5-1.3%
201613.6-35.01%
201521.023.96%
201416.9-132.36%
2013-52.45342.82%
2012-0.9620-90.65%
2011-10.3-133.43%
201030.8113.93%
200914.4-3.01%
200814.8-68.48%
200747.1-12%
200653.5-529.68%
2005-12.4-56.54%
2004-28.6-165.08%
200344.085.26%
200223.8

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.