Vmware
VMW
#198
Rank
$71.21 B
Marketcap
$164.94
Share price
-1.09%
Change (1 day)
41.12%
Change (1 year)

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
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
32.2-35.26%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-65.59%๐Ÿ‡บ๐Ÿ‡ธ USA
30.3-39.09%๐Ÿ‡บ๐Ÿ‡ธ USA
65.7 31.91%๐Ÿ‡บ๐Ÿ‡ธ USA
39.4-20.75%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-77.69%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.