Current and historical daily PE Ratio for Volvo Group (
) from 1990 to Jun 11 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Volvo Group stock (XBRU:VLV) PE ratio as of Jun 11 2024 is 11.24.
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Volvo Group (XBRU:VLV) PE Ratio (TTM) Chart
Volvo Group (XBRU:VLV) PE Ratio (TTM) Historical Data
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Volvo Group (XBRU:VLV) PE Ratio (TTM) Comparison
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Business Description
Business Description
Volvo Group
NAICS : 522220
ISIN : BE0004599404
Description
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services that increase the customers' uptime and productivity. Its segments are Trucks, Construction Equipment, Buses, Volvo Penta, and Group Functions & Other.
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