P/E ratio for Viohalco (VIO.BR)
P/E ratio as of April 2024 (TTM): -5.20
According to Viohalco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.20182. At the end of 2022 the company had a P/E ratio of 3.91.
P/E ratio history for Viohalco from 2013 to 2013
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.91 | -35.02% |
| 2021 | 6.02 | -86.35% |
| 2020 | 44.1 | -62.38% |
| 2019 | 117 | 1273.14% |
| 2018 | 8.55 | -24.12% |
| 2017 | 11.3 | -123.12% |
| 2016 | -48.7 | 724.63% |
| 2015 | -5.91 | -15.91% |
| 2014 | -7.03 | 60.81% |
| 2013 | -4.37 |
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.