P/E ratio for Vulcan Materials (VMC)
P/E ratio as of May 2024 (TTM): 43.2
According to Vulcan Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.2126. At the end of 2022 the company had a P/E ratio of 40.4.
P/E ratio history for Vulcan Materials from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.4 | -1.61% |
| 2021 | 41.1 | 21.95% |
| 2020 | 33.7 | 9.32% |
| 2019 | 30.8 | 21.71% |
| 2018 | 25.3 | -10.4% |
| 2017 | 28.3 | -28.83% |
| 2016 | 39.7 | -30.55% |
| 2015 | 57.2 | 35.78% |
| 2014 | 42.1 | -86.53% |
| 2013 | 313 | -340.34% |
| 2012 | -130 | 81.88% |
| 2011 | -71.5 | 22.58% |
| 2010 | -58.4 | -123.27% |
| 2009 | 251 | -96.4% |
| 2008 | > 1000 | 40720.74% |
| 2007 | 17.0 | -7.82% |
| 2006 | 18.5 | 3.99% |
| 2005 | 17.8 | -8.17% |
| 2004 | 19.4 | -22.25% |
| 2003 | 24.9 | 23.53% |
| 2002 | 20.2 | -7.06% |
| 2001 | 21.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Martin Marietta MLM | 34.7 | -19.81% | 🇺🇸 USA |
 Masco MAS | 19.1 | -55.80% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 23.1 | -46.49% | 🇺🇸 USA |
 MDU Resources
MDU | 14.4 | -66.79% | 🇺🇸 USA |
 Cement Roadstone Holding
CRH | N/A | N/A | 🇮🇪 Ireland |
 Cemex CX | 0.9548 | -97.79% | 🇲🇽 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.