P/E ratio for Vital Energy (VTLE)
P/E ratio as of April 2024 (TTM): 1.08
According to Vital Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.07706. At the end of 2022 the company had a P/E ratio of 1.36.
P/E ratio history for Vital Energy from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.36 | -88.83% |
| 2021 | 12.1 | -4713.57% |
| 2020 | -0.2633 | -86.48% |
| 2019 | -1.95 | -174.79% |
| 2018 | 2.60 | -43.3% |
| 2017 | 4.59 | -139.63% |
| 2016 | -11.6 | 1417.73% |
| 2015 | -0.7637 | -113.86% |
| 2014 | 5.51 | -82.89% |
| 2013 | 32.2 | -13.12% |
| 2012 | 37.1 | 40.3% |
| 2011 | 26.4 |
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.