P/E ratio for Old Mutual (OMU.JO)
P/E ratio at the end of 2022: 5.81
According to Old Mutual's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.6422. At the end of 2022 the company had a P/E ratio of 5.81.
P/E ratio history for Old Mutual from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.81 | -22.42% |
| 2021 | 7.48 | -191.16% |
| 2020 | -8.21 | -212.07% |
| 2019 | 7.32 | 237.87% |
| 2018 | 2.17 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.