P/E ratio for Vodacom (VOD.JO)
P/E ratio at the end of 2022: 12.4
According to Vodacom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40959. At the end of 2022 the company had a P/E ratio of 12.4.
P/E ratio history for Vodacom from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.4 | 14.97% |
| 2021 | 10.8 | -8.73% |
| 2020 | 11.8 | 16.15% |
| 2019 | 10.2 | -1.96% |
| 2018 | 10.4 | -15.66% |
| 2017 | 12.3 | -16.12% |
| 2016 | 14.6 | 46.02% |
| 2015 | 10.0 | 22.06% |
| 2014 | 8.21 | 32.73% |
| 2013 | 6.19 | -3.78% |
| 2012 | 6.43 | 22.29% |
| 2011 | 5.26 | -31.85% |
| 2010 | 7.71 | -40.29% |
| 2009 | 12.9 | 17.96% |
| 2008 | 11.0 | -28.23% |
| 2007 | 15.3 | -5.73% |
| 2006 | 16.2 | 18.97% |
| 2005 | 13.6 | 7.46% |
| 2004 | 12.7 |
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.