Vmware
VMW
#299
Rank
$52.18 B
Marketcap
$122.28
Share price
2.70%
Change (1 day)
2.96%
Change (1 year)

P/E ratio for Vmware (VMW)

P/E ratio as of March 2023 (TTM): 39.3

According to Vmware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.3183. 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
202124.0-35.21%
202037.1290.88%
20199.49-74.8%
201837.7-8.31%
201741.147.7%
201627.816.55%
201523.9-40.41%
201440.15.83%
201337.9-29.64%
201253.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.1-20.89%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-53.12%๐Ÿ‡บ๐Ÿ‡ธ USA
26.7-32.17%๐Ÿ‡บ๐Ÿ‡ธ USA
88.2 124.41%๐Ÿ‡บ๐Ÿ‡ธ USA
39.4 0.32%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-72.11%๐Ÿ‡บ๐Ÿ‡ธ 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.