P/E ratio for Victrex (VCT.L)
P/E ratio at the end of 2021: 27.9
According to Victrex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 27.9.
P/E ratio history for Victrex from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.9 | -7.27% |
| 2020 | 30.1 | 40.63% |
| 2019 | 21.4 | -19.08% |
| 2018 | 26.4 | 32.57% |
| 2017 | 19.9 | 22.65% |
| 2016 | 16.3 | 10.94% |
| 2015 | 14.7 | 7.27% |
| 2014 | 13.7 | -9.43% |
| 2013 | 15.1 | 16.72% |
| 2012 | 12.9 | 15.24% |
| 2011 | 11.2 | -30.92% |
| 2010 | 16.2 | -43.81% |
| 2009 | 28.9 | 164.32% |
| 2008 | 10.9 | 16.18% |
| 2007 | 9.41 | -32.62% |
| 2006 | 14.0 | -6.22% |
| 2005 | 14.9 | 55.17% |
| 2004 | 9.59 | -32.35% |
| 2003 | 14.2 | 7.64% |
| 2002 | 13.2 | -16.75% |
| 2001 | 15.8 |
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.