P/E ratio for Vontier (VNT)
P/E ratio as of May 2024 (TTM): 18.6
According to Vontier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6055. At the end of 2022 the company had a P/E ratio of 7.83.
P/E ratio history for Vontier from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.83 | -37.86% |
| 2021 | 12.6 | -23.41% |
| 2020 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Itron
ITRI | 66.5 | 257.42% | 🇺🇸 USA |
 Badger Meter
BMI | 66.5 | 257.61% | 🇺🇸 USA |
 Vontier VNT | 18.6 | 0.00% | 🇺🇸 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.