P/E ratio for Vp plc (VP.L)
P/E ratio at the end of 2023: 12.7
According to Vp plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1049.68. At the end of 2023 the company had a P/E ratio of 12.7.
P/E ratio history for Vp plc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 12.7 | -5.31% |
| 2022 | 13.4 | -118.83% |
| 2021 | -71.2 | -587.46% |
| 2020 | 14.6 | -10.36% |
| 2019 | 16.3 | 23.05% |
| 2018 | 13.2 | -8.39% |
| 2017 | 14.4 | 34.01% |
| 2016 | 10.8 | -7.54% |
| 2015 | 11.7 | -9.7% |
| 2014 | 12.9 | 43.49% |
| 2013 | 9.00 | 25.44% |
| 2012 | 7.17 | -16.28% |
| 2011 | 8.57 | 35.42% |
| 2010 | 6.33 | 57.79% |
| 2009 | 4.01 | -32.66% |
| 2008 | 5.95 | -41.28% |
| 2007 | 10.1 | -34.13% |
| 2006 | 15.4 | 89.07% |
| 2005 | 8.14 | 27.24% |
| 2004 | 6.40 | 6.24% |
| 2003 | 6.02 | -29.45% |
| 2002 | 8.54 | -19.32% |
| 2001 | 10.6 |
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.