Vulcan Energy Resources
VUL.AX
#6326
Rank
$0.81 B
Marketcap
$2.92
Share price
7.56%
Change (1 day)
-27.82%
Change (1 year)

P/E ratio for Vulcan Energy Resources (VUL.AX)

P/E ratio at the end of 2024: -14.5

According to Vulcan Energy Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4675. At the end of 2024 the company had a P/E ratio of -14.5.

P/E ratio history for Vulcan Energy Resources from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-14.549.49%
2023-9.71-57.66%
2022-22.9-57.15%
2021-53.5625.06%
2020-7.3820.02%
2019-6.15

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.