VIA optronics AG
VIAO
#8350
Rank
$17.46 M
Marketcap
$0.22
Share price
-4.25%
Change (1 day)
-89.62%
Change (1 year)

P/E ratio for VIA optronics AG (VIAO)

P/E ratio as of July 2024 (TTM): -0.4672

According to VIA optronics AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.467156. At the end of 2021 the company had a P/E ratio of -12.6.

P/E ratio history for VIA optronics AG from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-12.6-71.49%
2020-44.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7-3,042.51%๐Ÿ‡บ๐Ÿ‡ธ USA
47.6-10,280.11%๐Ÿ‡บ๐Ÿ‡ธ USA
157-33,645.11%๐Ÿ‡บ๐Ÿ‡ธ USA

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.