P/E ratio for Vishay Precision Group (VPG)
P/E ratio as of May 2024 (TTM): 12.9
According to Vishay Precision Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9124. At the end of 2022 the company had a P/E ratio of 14.6.
P/E ratio history for Vishay Precision Group from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.6 | -41.85% |
| 2021 | 25.1 | -37.06% |
| 2020 | 39.8 | 92.21% |
| 2019 | 20.7 | 20.01% |
| 2018 | 17.3 | -25.82% |
| 2017 | 23.3 | -39.63% |
| 2016 | 38.6 | -430.51% |
| 2015 | -11.7 | -129.24% |
| 2014 | 39.9 | 4.52% |
| 2013 | 38.2 | 151.26% |
| 2012 | 15.2 | -22.98% |
| 2011 | 19.7 | -7.85% |
| 2010 | 21.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 30.0 | 132.33% | 🇺🇸 USA |
 Illinois Tool Works ITW | 24.2 | 87.70% | 🇺🇸 USA |
 Mettler-Toledo
MTD | 38.0 | 194.09% | 🇺🇸 USA |
 Teradyne TER | 40.5 | 213.37% | 🇺🇸 USA |
 Vishay Intertechnology
VSH | 8.08 | -37.39% | 🇺🇸 USA |
 CTS Corporation CTS | 27.5 | 113.08% | 🇺🇸 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.