P/E ratio for Virco Manufacturing (VIRC)
P/E ratio as of May 2024 (TTM): 6.81
According to Virco Manufacturing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.80745. At the end of 2022 the company had a P/E ratio of -18.1.
P/E ratio history for Virco Manufacturing from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.1 | 68.19% |
| 2021 | -10.8 | -70.26% |
| 2020 | -36.1 | -108.52% |
| 2019 | 424 | -2644% |
| 2018 | -16.7 | -103.3% |
| 2017 | 505 | 17046.51% |
| 2016 | 2.95 | -69.93% |
| 2015 | 9.79 | -128.1% |
| 2014 | -34.9 | 310.98% |
| 2013 | -8.48 | -34.51% |
| 2012 | -13.0 | 1195% |
| 2011 | -1.00 | -84.85% |
| 2010 | -6.60 | -110.85% |
| 2009 | 60.8 | 149.57% |
| 2008 | 24.4 | 411.94% |
| 2007 | 4.76 | -90.84% |
| 2006 | 52.0 | -1064.36% |
| 2005 | -5.39 | -66.25% |
| 2004 | -16.0 | 380.62% |
| 2003 | -3.32 | -102.61% |
| 2002 | 127 | -342.19% |
| 2001 | -52.6 |
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.