P/E ratio for Vetoquinol (VETO.PA)
P/E ratio at the end of 2022: 20.1
According to Vetoquinol's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.484. At the end of 2022 the company had a P/E ratio of 20.1.
P/E ratio history for Vetoquinol from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.1 | -9.59% |
| 2021 | 22.3 | -46.94% |
| 2020 | 42.0 | 77.9% |
| 2019 | 23.6 | 67.97% |
| 2018 | 14.1 | -18.05% |
| 2017 | 17.1 | -6.82% |
| 2016 | 18.4 | 4.19% |
| 2015 | 17.7 | 29.64% |
| 2014 | 13.6 | 21.77% |
| 2013 | 11.2 | 4.51% |
| 2012 | 10.7 | 26.98% |
| 2011 | 8.43 | -24.95% |
| 2010 | 11.2 | 17.46% |
| 2009 | 9.56 | 40.57% |
| 2008 | 6.80 | -40.61% |
| 2007 | 11.5 | 5.38% |
| 2006 | 10.9 |
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.