Vetropack
VETN.SW
#6724
Rank
$0.54 B
Marketcap
$27.58
Share price
-1.38%
Change (1 day)
-38.25%
Change (1 year)

P/E ratio for Vetropack (VETN.SW)

P/E ratio at the end of 2023: 11.3

According to Vetropack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.26774. At the end of 2023 the company had a P/E ratio of 11.3.

P/E ratio history for Vetropack from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.3-36.65%
202217.9-0.47%
202118.027.33%
202014.1-20.39%
201917.719.49%
201814.86.31%
201714.0-24.53%
201618.516.01%
201515.914.84%
201413.911.17%
201312.550.57%
20128.29-27.04%
201111.4-39.16%
201018.787.82%
20099.9537.42%
20087.24
20056.2310.72%
20045.6335.02%
20034.17-6.11%
20024.44

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.