Viohalco
VIO.BR
#3740
Rank
C$4.65 B
Marketcap
C$17.95
Share price
2.76%
Change (1 day)
134.10%
Change (1 year)

P/E ratio for Viohalco (VIO.BR)

P/E ratio at the end of 2024: 8.33

According to Viohalco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.3176. At the end of 2024 the company had a P/E ratio of 8.33.

P/E ratio history for Viohalco from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.33-69.19%
202327.0640.81%
20223.65-33.49%
20215.49-86.27%
202039.9-62.21%
20191061273.14%
20187.70-24.12%
201710.1-123.12%
2016-43.9724.63%
2015-5.32-15.91%
2014-6.3360.81%
2013-3.94

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.