Viva Energy
VEA.AX
#3222
Rank
$3.08 B
Marketcap
$1.99
Share price
-0.52%
Change (1 day)
25.16%
Change (1 year)

P/E ratio for Viva Energy (VEA.AX)

P/E ratio at the end of 2021: 15.1

According to Viva Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8007. At the end of 2021 the company had a P/E ratio of 15.1.

P/E ratio history for Viva Energy from 2018 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202115.1-116.04%
2020-94.0-377.95%
201933.8483.63%
20185.79

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.