According to Vector Limited 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4582. At the end of 2022 the company had a P/E ratio of 26.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.1 | 43.43% |
2021 | 18.2 | -50.54% |
2020 | 36.7 | -10.8% |
2019 | 41.2 | 99.4% |
2018 | 20.7 | 24.62% |
2017 | 16.6 | 62.67% |
2016 | 10.2 | -49.06% |
2015 | 20.0 | 88.85% |
2014 | 10.6 | 2.06% |
2013 | 10.4 | 1.59% |
2012 | 10.2 | 11.12% |
2011 | 9.19 | -8.25% |
2010 | 10.0 | 94.43% |
2009 | 5.15 | -45.7% |
2008 | 9.49 | -54.42% |
2007 | 20.8 | -61.3% |
2006 | 53.8 |
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.