P/E ratio for Vodafone Qatar (VFQS.QA)
P/E ratio as of May 2024 (TTM): 13.0
According to Vodafone Qatar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9832. At the end of 2022 the company had a P/E ratio of 13.3.
P/E ratio history for Vodafone Qatar from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | -38.48% |
| 2021 | 21.6 | -28.86% |
| 2020 | 30.4 | 77.43% |
| 2019 | 17.2 | -69.26% |
| 2018 | 55.8 | -426.92% |
| 2017 | -17.1 | -19.87% |
| 2016 | -21.3 | -29.57% |
| 2015 | -30.2 | -59.56% |
| 2014 | -74.8 | 130.39% |
| 2013 | -32.5 | 106% |
| 2012 | -15.8 |
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.