Vermilion Energy Inc. (VET) P/E Ratio History
Deep ValueTrading at -3.7x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2010–2023
Loading P/E history...
P/E Ratio Analysis
As of June 13, 2026, Vermilion Energy Inc. (VET) trades at a price-to-earnings ratio of -3.7x, with a stock price of $11.15 and trailing twelve-month earnings per share of $-5.33.
The current P/E is 116% below its 5-year average of 22.7x. Over the past five years, VET's P/E has ranged from a low of 1.5x to a high of 94.9x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Energy sector median P/E of 16.7x, VET trades at a 122% discount to its sector peers. The sector includes 173 companies with P/E ratios ranging from 1.8x to 182.9x.
Relative to the broader market, VET trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our VET DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
VET Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
VET P/E vs Peers
International emerging market upstream producers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $53B | 18.4 | -Best | +29% | |
| $28B | 25.4 | -Best | -11% | |
| $16B | 12.0Lowest | -Best | +14% | |
| $94B | 12.3 | -Best | +81%Best | |
| $73B | 17.8 | -Best | +3% | |
| $33B | 26.4 | -Best | -47% | |
| $84B | 23.9 | -Best | -24% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
VET Historical P/E Data (2010–2023)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2023 Q3 | Sep 30 2023 | $14.62 | $5.79 | 2.5x | -90% |
| FY2023 Q2 | Jun 30 2023 | $12.45 | $7.06 | 1.8x | -93% |
| FY2023 Q1 | Mar 31 2023 | $12.97 | $8.44 | 1.5x | -94% |
| FY2022 Q4 | Dec 31 2022 | $17.70 | $7.86 | 2.3x | -91% |
| FY2022 Q3 | Sep 30 2022 | $21.42 | $7.57 | 2.8x | -89% |
| FY2022 Q2 | - | $19.06 | $5.05 | 3.8x | -85% |
| FY2022 Q1 | - | $21.02 | $5.64 | 3.7x | -85% |
| FY2021 Q4 | Dec 31 2021 | $12.59 | $7.05 | 1.8x | -93% |
| FY2021 Q3 | - | $9.90 | $4.56 | 2.2x | -91% |
| FY2021 Q2 | Jun 30 2021 | $8.75 | $5.03 | 1.7x | -93% |
| FY2021 Q1 | Mar 31 2021 | $7.28 | $1.85 | 3.9x | -85% |
| FY2019 Q4 | - | $16.36 | $0.21 | 76.6x | +202% |
| FY2019 Q3 | Sep 30 2019 | $16.71 | $2.29 | 7.3x | -71% |
| FY2019 Q2 | Jun 30 2019 | $21.73 | $2.26 | 9.6x | -62% |
| FY2019 Q1 | Mar 31 2019 | $24.70 | $1.80 | 13.7x | -46% |
| FY2018 Q4 | Dec 31 2018 | $21.07 | $1.74 | 12.1x | -52% |
| FY2018 Q1 | Mar 31 2018 | $32.28 | $0.34 | 94.9x | +274% |
| FY2017 Q4 | Dec 31 2017 | $36.32 | $0.51 | 71.2x | +181% |
| FY2017 Q3 | Sep 30 2017 | $35.58 | $0.41 | 87.5x | +245% |
| FY2017 Q2 | Jun 30 2017 | $31.73 | $0.61 | 52.3x | +106% |
| FY2015 Q2 | - | $43.19 | $1.11 | 38.9x | +53% |
| FY2015 Q1 | - | $42.08 | $1.55 | 27.1x | +7% |
| FY2014 Q4 | Dec 31 2014 | $49.01 | $2.53 | 19.4x | -24% |
| FY2014 Q3 | - | $60.77 | $2.96 | 20.5x | -19% |
| FY2014 Q2 | Jun 30 2014 | $69.74 | $3.12 | 22.4x | -12% |
| FY2014 Q1 | Mar 31 2014 | $62.45 | $3.66 | 17.1x | -33% |
| FY2013 Q4 | - | $58.62 | $3.18 | 18.4x | -27% |
| FY2013 Q3 | Sep 30 2013 | $55.25 | $2.77 | 19.9x | -21% |
| FY2013 Q2 | Jun 30 2013 | $48.86 | $2.42 | 20.2x | -20% |
| FY2013 Q1 | Mar 31 2013 | $51.84 | $1.76 | 29.5x | +16% |
| FY2012 Q4 | Dec 31 2012 | $52.28 | $1.91 | 27.4x | +8% |
| FY2012 Q3 | Sep 30 2012 | $47.17 | $1.04 | 45.4x | +79% |
| FY2012 Q2 | Jun 30 2012 | $45.00 | $1.43 | 31.5x | +24% |
| FY2012 Q1 | Mar 31 2012 | $46.29 | $1.94 | 23.9x | -6% |
| FY2011 Q4 | Dec 31 2011 | $44.47 | $1.58 | 28.1x | +11% |
| FY2011 Q3 | Sep 30 2011 | $41.60 | $2.06 | 20.2x | -20% |
| FY2011 Q2 | - | $52.96 | $1.65 | 32.1x | +26% |
| FY2011 Q1 | - | $51.85 | $1.20 | 43.2x | +70% |
| FY2010 Q4 | Dec 31 2010 | $46.94 | $0.80 | 58.7x | +131% |
| FY2010 Q3 | - | $37.35 | $2.03 | 18.4x | -28% |
Average P/E for displayed period: 25.4x
What if you invested $1,000 in VET back in 2010?
Total return with dividends reinvested · 16+ years of data
Calculate ReturnsHow much would $100/month in VET be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs VET Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationVET vs XOM — which is the better buy?
Side-by-side revenue, margins, P/E and 10-year returns vs Exxon Mobil Corporation.
Compare NowVET — Frequently Asked Questions
Quick answers to the most common questions about buying VET stock.
What is VET's P/E ratio?
Vermilion Energy Inc. (VET) trailing twelve-month P/E ratio is -3.7x, based on TTM diluted EPS of $-5.33. The 5-year average P/E is 22.7x and the historical range spans 1.5x to 94.9x.
Is VET stock overvalued or undervalued?
VET trades at -3.7x P/E, below its 5-year average of 22.7x. At the 0th percentile of its historical range (1.5x–94.9x), the stock is priced at a discount to its own history.
Is VET stock expensive?
No, VET is not expensive on a historical basis. The current P/E of -3.7x is below the 5-year average of 22.7x and sits at the 0th percentile of its valuation range.
What is VET's historical P/E range?
Over the past 5 years, VET's P/E ratio has ranged from 1.5x to 94.9x, with a median of 3.9x and an average of 22.7x. The current P/E of -3.7x places the stock at the 0th percentile of this range. Full historical data spans 2010–2023.
How does VET's P/E compare to the S&P 500?
VET trades at -3.7x P/E versus the S&P 500 median of 25.1x. The 115% discount to the market suggests lower growth expectations or perceived higher risk.
How does VET's valuation compare to Energy peers?
Vermilion Energy Inc. P/E of -3.7x compares to the Energy sector median of 16.7x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is VET's PEG ratio?
VET PEG ratio is N/A, based on a P/E of -3.7x and EPS growth of -1313.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is VET's earnings yield?
VET earnings yield is N/A, the inverse of its -3.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.