Vitec Software Group AB (publ)

Vitec Software Group AB (publ)verified

VIT-B.ST

Price:

$482.6

Market Cap:

$18.00B

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grid...[Read more]

Industry

Software - Application

IPO Date

2004-10-04

Stock Exchange

STO

Ticker

VIT-B.ST

The PE Ratio as of November 2024 (TTM) for Vitec Software Group AB (publ) (VIT-B.ST) is 46.01

According to Vitec Software Group AB (publ)’s latest financial reports and current stock price. The company's current PE Ratio is 46.01. This represents a change of -15.58% compared to the average of 54.50 of the last 4 quarters.

Vitec Software Group AB (publ) (VIT-B.ST) Historical PE Ratio (quarterly & annually)

How has VIT-B.ST PE Ratio performed in the past?

The mean historical PE Ratio of Vitec Software Group AB (publ) over the last ten years is 47.59. The current 46.01 PE Ratio has changed 9.57% with respect to the historical average. Over the past ten years (40 quarters), VIT-B.ST's PE Ratio was at its highest in in the December 2019 quarter at 93.60. The PE Ratio was at its lowest in in the December 2014 quarter at 10.17.

Quarterly (TTM)
Annual

Average

47.59

Median

45.92

Minimum

15.07

Maximum

90.77

Vitec Software Group AB (publ) (VIT-B.ST) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Vitec Software Group AB (publ) PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 143.91%

Maximum Annual PE Ratio = 90.77

Minimum Annual Increase = -33.41%

Minimum Annual PE Ratio = 15.07

Quarterly (TTM)
Annual
YearPE RatioChange
202364.546.77%
202260.45-33.41%
202190.7731.33%
202069.1217.91%
201958.62143.91%
201824.03-24.57%
201731.86-4.09%
201633.2217.81%
201528.2087.14%
201415.07-1.56%

Vitec Software Group AB (publ) (VIT-B.ST) Average PE Ratio

How has VIT-B.ST PE Ratio performed in the past?

The current PE Ratio of Vitec Software Group AB (publ) (VIT-B.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

71.92

5-year avg

68.70

10-year avg

47.59

Vitec Software Group AB (publ) (VIT-B.ST) PE Ratio vs. Peers

How is VIT-B.ST’s PE Ratio compared to its peers?

Vitec Software Group AB (publ)’s PE Ratio is greater than Lifco AB (publ) (45.81), less than Lagercrantz Group AB (publ) (47.32), less than Addtech AB (publ.) (48.56), greater than Instalco AB (publ) (17.04), less than AddLife AB (publ) (143.11),

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