P/E ratio for Vicinity Centres (VCX.AX)
P/E ratio at the end of 2022: 7.19
According to Vicinity Centres's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 7.19.
P/E ratio history for Vicinity Centres from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.19 | -126.09% |
| 2021 | -27.6 | 808.78% |
| 2020 | -3.03 | -111.01% |
| 2019 | 27.5 | 232.98% |
| 2018 | 8.27 | 25.34% |
| 2017 | 6.60 | -50.86% |
| 2016 | 13.4 | 18.8% |
| 2015 | 11.3 | 40.92% |
| 2014 | 8.02 | -48.41% |
| 2013 | 15.6 | -230.61% |
| 2012 | -11.9 |
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.