P/E ratio for Vornado Realty Trust (VNO)
P/E ratio as of June 2023 (TTM): -6.28
According to Vornado Realty Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.27679. At the end of 2021 the company had a P/E ratio of 79.0.
P/E ratio history for Vornado Realty Trust from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 79.0 | -482.85% |
| 2020 | -20.6 | -603.49% |
| 2019 | 4.10 | -86.59% |
| 2018 | 30.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 17.6 | -379.69% | 🇺🇸 USA |
 Boeing BA | -30.3 | 383.48% | 🇺🇸 USA |
 Kohl's
KSS | -47.4 | 655.64% | 🇺🇸 USA |
 Lowe's Companies LOW | 20.7 | -429.31% | 🇺🇸 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.