Olav Thon
OLT.OL
#4278
Rank
A$3.21 B
Marketcap
$31.73
Share price
0.00%
Change (1 day)
24.15%
Change (1 year)

P/E ratio for Olav Thon (OLT.OL)

P/E ratio as of December 2024 (TTM): -101

According to Olav Thon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -101.445. At the end of 2022 the company had a P/E ratio of 7.18.

P/E ratio history for Olav Thon from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.1832.2%
20215.43-88.04%
202045.4382.36%
20199.4256.26%
20186.0318.3%
20175.095.06%
20164.8521.64%
20153.99-62.98%
201410.860.82%
20136.69-21.42%
20128.52-27.19%
201111.742.18%
20108.23-44.18%
200914.7

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.