P/E ratio for Vtech (0303.HK)
P/E ratio at the end of 2022: 10.8
According to Vtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.907. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Vtech from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | 8.9% |
| 2021 | 9.95 | 8.03% |
| 2020 | 9.21 | -40.88% |
| 2019 | 15.6 | 0.34% |
| 2018 | 15.5 | -7.06% |
| 2017 | 16.7 | 1.04% |
| 2016 | 16.5 | -8.14% |
| 2015 | 18.0 | 13.93% |
| 2014 | 15.8 | 2.95% |
| 2013 | 15.3 | -7.73% |
| 2012 | 16.6 | 21.32% |
| 2011 | 13.7 | 5.18% |
| 2010 | 13.0 | 107.6% |
| 2009 | 6.28 | 13.62% |
| 2008 | 5.53 | -41.61% |
| 2007 | 9.47 | 10.65% |
| 2006 | 8.55 | 51.62% |
| 2005 | 5.64 | -29.77% |
| 2004 | 8.03 | 177.34% |
| 2003 | 2.90 | -89.72% |
| 2002 | 28.2 | -5823.59% |
| 2001 | -0.4923 |
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.