P/E ratio for VGP NV (VGP.BR)
P/E ratio at the end of 2022: -13.2
According to VGP NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.8599. At the end of 2022 the company had a P/E ratio of -13.2.
P/E ratio history for VGP NV from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -13.2 | -271.46% |
| 2021 | 7.72 | 32.8% |
| 2020 | 5.81 | -24.54% |
| 2019 | 7.70 | -9.08% |
| 2018 | 8.47 | -21.15% |
| 2017 | 10.7 | -42.53% |
| 2016 | 18.7 | 169.4% |
| 2015 | 6.94 | -5.07% |
| 2014 | 7.31 | -32.94% |
| 2013 | 10.9 | -57.71% |
| 2012 | 25.8 | 14.58% |
| 2011 | 22.5 | 140.78% |
| 2010 | 9.34 | -95.47% |
| 2009 | 206 | 2374.51% |
| 2008 | 8.33 |
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.