Start with its own history
At 20.74×, VMI is 18.6% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · VMIConglomeratesUpdated Nov 5, 2026
Valmont Industries, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
20.74×
18.6% belowthe 10-year annual average
Share price420.73
÷Earnings per share20.29
Price and EPS in quote currency. Calculation details
Investors are paying 20.74 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 25.46×
3-year average25.03×3 positive annual observations
5-year average25.94×5 positive annual observations
10-year average25.46×10 positive annual observations
Peer median · TTM17.94×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 27, 2025 | 23.29× | +31.5% |
| Dec 28, 2024 | 17.71× | -48.1% |
| Dec 30, 2023 | 34.09× | +21.3% |
| Dec 31, 2022 | 28.09× | +5.9% |
| Dec 25, 2021 | 26.52× | +1.7% |
| Dec 26, 2020 | 26.07× | +17.7% |
| Dec 31, 2019 | 22.16× | -15.5% |
| Dec 31, 2018 | 26.23× | -18.4% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 32.14× | +75.2% |
| Dec 31, 2016 | 18.35× | -70.2% |
| Dec 31, 2015 | 61.64× | +247.0% |
| Dec 31, 2014 | 17.76× | +24.5% |
| Dec 31, 2013 | 14.27× | -7.6% |
| Dec 31, 2012 | 15.45× | +47.5% |
| Dec 31, 2011 | 10.47× | -57.3% |
| Dec 31, 2010 | 24.51× | +81.2% |
| Dec 31, 2009 | 13.53× | +13.1% |
| Dec 31, 2008 | 11.96× | -50.2% |
| Dec 31, 2007 | 24.02× | +5.6% |
| Dec 31, 2006 | 22.74× | +9.4% |
| Dec 31, 2005 | 20.78× | -6.5% |
| Dec 31, 2004 | 22.22× | +2.7% |
| Dec 31, 2003 | 21.64× | +56.1% |
| Dec 31, 2002 | 13.86× | +5.4% |
| Dec 31, 2001 | 13.15× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How VMI compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 VMI This stockValmont Industries, Inc. | 20.74× |
 LNNLindsay Corporation | 20.45× |
 WORWorthington Industries, Inc. | 19.32× |
 MLIMueller Industries, Inc. | 13.89× |
 NWPXNWPX Infrastructure, Inc. | 16.56× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does VMI’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 17.94×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take VMI into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("VMI", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 420.73 ÷ EPS 20.29 = 20.74×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
VMI P/E ratio: common questions
The essentials behind the numbers.
Valmont Industries, Inc.'s current P/E is 20.74× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.