On the Beach Group
OTB.L
#7272
Rank
C$0.47 B
Marketcap
$2.85
Share price
1.12%
Change (1 day)
44.28%
Change (1 year)
Categories

P/E ratio for On the Beach Group (OTB.L)

P/E ratio at the end of 2023: 18.4

According to On the Beach Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2711.44. At the end of 2023 the company had a P/E ratio of 18.4.

P/E ratio history for On the Beach Group from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202318.4-85.53%
2022127-758.07%
2021-19.3133.64%
2020-8.26-124.85%
201933.28.21%
201830.711.24%
201727.646.3%
201618.9-159.44%
2015-31.7

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.