Vista Group International
VGL.NZ
#7635
Rank
HK$2.91 B
Marketcap
HK$12.23
Share price
-1.09%
Change (1 day)
-9.18%
Change (1 year)

P/E ratio for Vista Group International (VGL.NZ)

P/E ratio at the end of 2023: -24.2

According to Vista Group International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.4553. At the end of 2023 the company had a P/E ratio of -24.2.

P/E ratio history for Vista Group International from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-24.260.95%
2022-15.0-67.35%
2021-46.1742.69%
2020-5.47-111.8%
201946.49.95%
201842.220.15%
201735.1384.25%
20167.25-88.74%
201564.343.14%
201445.0

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.