P/E ratio for Vmware (VMW)
P/E ratio as of September 2023 (TTM): 49.8
According to Vmware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.7725. At the end of 2021 the company had a P/E ratio of 24.0.
P/E ratio history for Vmware from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 24.0 | -35.21% |
| 2020 | 37.1 | 290.88% |
| 2019 | 9.49 | -74.8% |
| 2018 | 37.7 | -8.31% |
| 2017 | 41.1 | 47.7% |
| 2016 | 27.8 | 16.55% |
| 2015 | 23.9 | -40.41% |
| 2014 | 40.1 | 5.83% |
| 2013 | 37.9 | -29.64% |
| 2012 | 53.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 32.2 | -35.26% | 🇺🇸 USA |
 Cisco CSCO | 17.1 | -65.59% | 🇺🇸 USA |
 Oracle ORCL | 30.3 | -39.09% | 🇺🇸 USA |
 IBM IBM | 65.7 | 31.91% | 🇺🇸 USA |
 Citrix Systems
CTXS | 39.4 | -20.75% | 🇺🇸 USA |
 HP HPQ | 11.1 | -77.69% | 🇺🇸 USA |
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.