P/E ratio for Vitasoy (0345.HK)
P/E ratio at the end of 2023: 347
According to Vitasoy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 133.26. At the end of 2023 the company had a P/E ratio of 347.
P/E ratio history for Vitasoy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 347 | -455.62% |
| 2022 | -97.7 | -266.92% |
| 2021 | 58.5 | 28.37% |
| 2020 | 45.6 | -22.52% |
| 2019 | 58.8 | 61.27% |
| 2018 | 36.5 | 44.36% |
| 2017 | 25.3 | -8.91% |
| 2016 | 27.7 | -17.57% |
| 2015 | 33.7 | -9.93% |
| 2014 | 37.4 | 21.9% |
| 2013 | 30.7 | 41.45% |
| 2012 | 21.7 | -5.85% |
| 2011 | 23.0 | -3.38% |
| 2010 | 23.8 | 51.96% |
| 2009 | 15.7 | -3.61% |
| 2008 | 16.3 | -14.05% |
| 2007 | 18.9 | 17.29% |
| 2006 | 16.1 | -12.04% |
| 2005 | 18.3 | 14.48% |
| 2004 | 16.0 | 40.23% |
| 2003 | 11.4 | |
| 2001 | 8.95 |
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.