P/E ratio for Vulcan Materials (VMC)
P/E ratio as of June 2023 (TTM): 45.4
According to Vulcan Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.4286. At the end of 2021 the company had a P/E ratio of 41.2.
P/E ratio history for Vulcan Materials from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 41.2 | 22.19% |
| 2020 | 33.7 | 9.32% |
| 2019 | 30.8 | 21.71% |
| 2018 | 25.3 | -10.4% |
| 2017 | 28.3 | -32.9% |
| 2016 | 42.1 | -26.35% |
| 2015 | 57.2 | 35.78% |
| 2014 | 42.1 | -86.53% |
| 2013 | 313 | -340.34% |
| 2012 | -130 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Martin Marietta MLM | 27.5 | -39.46% | 🇺🇸 USA |
 Masco MAS | 15.1 | -66.80% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 14.8 | -67.36% | 🇺🇸 USA |
 MDU Resources
MDU | 11.3 | -75.07% | 🇺🇸 USA |
 Cement Roadstone Holding
CRH | N/A | N/A | 🇮🇪 Ireland |
 Cemex CX | 0.6654 | -98.54% | 🇲🇽 Mexico |
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.