Vicinity Motor Corp.

Vicinity Motor Corp.verified

VMC.V

Price:

$0.165

Market Cap:

$5.80M

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada.[Read more]

Industry

Auto - Manufacturers

IPO Date

2014-01-09

Stock Exchange

TSXV

Ticker

VMC.V

The PE Ratio as of September 2024 (TTM) for Vicinity Motor Corp. (VMC.V) is -0.31

According to Vicinity Motor Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -0.31. This represents a change of -93.80% compared to the average of -5.00 of the last 4 quarters.

Vicinity Motor Corp. (VMC.V) Historical PE Ratio (quarterly & annually)

How has VMC.V PE Ratio performed in the past?

The mean historical PE Ratio of Vicinity Motor Corp. over the last ten years is -39.51. The current -0.31 PE Ratio has changed -21.54% with respect to the historical average. Over the past ten years (40 quarters), VMC.V's PE Ratio was at its highest in in the June 2017 quarter at 252.41. The PE Ratio was at its lowest in in the June 2021 quarter at -196.31.

Quarterly (TTM)
Annual

Average

-39.51

Median

-8.41

Minimum

-407.76

Maximum

73.43

Vicinity Motor Corp. (VMC.V) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Vicinity Motor Corp. 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 = 4.79%

Maximum Annual PE Ratio = 73.43

Minimum Annual Increase = -118.01%

Minimum Annual PE Ratio = -407.76

Quarterly (TTM)
Annual
YearPE RatioChange
2023-2.151.64%
2022-2.12-85.70%
2021-14.8126.42%
2020-11.7230.84%
2019-8.95-112.19%
201873.43-118.01%
2017-407.764.79%
2016-8.34-1.69%
2015-8.48101.86%
2014-4.20-55.38%

Vicinity Motor Corp. (VMC.V) Average PE Ratio

How has VMC.V PE Ratio performed in the past?

The current PE Ratio of Vicinity Motor Corp. (VMC.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-6.36

5-year avg

-7.95

10-year avg

-39.51

Vicinity Motor Corp. (VMC.V) PE Ratio vs. Peers

How is VMC.V’s PE Ratio compared to its peers?

Vicinity Motor Corp.’s PE Ratio is less than Vicinity Motor Corp. (-0.30), greater than GreenPower Motor Company Inc. (-1.67), greater than Greenlane Renewables Inc. (-0.45), greater than Fobi AI Inc. (-1.46), greater than Solar Alliance Energy Inc. (-173.53),

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