P/E ratio for Vermilion Energy (VET)
P/E ratio as of May 2024 (TTM): 2.76
According to Vermilion Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.7623. At the end of 2022 the company had a P/E ratio of 2.90.
P/E ratio history for Vermilion Energy from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.90 | 31.36% |
| 2021 | 2.21 | -440.79% |
| 2020 | -0.6476 | -100.62% |
| 2019 | 104 | 602.92% |
| 2018 | 14.8 | -84.02% |
| 2017 | 92.7 | -333.55% |
| 2016 | -39.7 | 110.51% |
| 2015 | -18.8 | -188.31% |
| 2014 | 21.3 | 12.84% |
| 2013 | 18.9 | -29.68% |
| 2012 | 26.9 | -4.4% |
| 2011 | 28.1 | -70.88% |
| 2010 | 96.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 11.7 | 323.74% | 🇺🇸 USA |
 Imperial Oil
IMO | 10.5 | 278.68% | 🇨🇦 Canada |
 Suncor Energy
SU | 11.7 | 323.80% | 🇨🇦 Canada |
 Enerplus
ERF | 5.31 | 92.14% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 14.9 | 440.78% | 🇨🇦 Canada |
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.