Orkla
ORK.OL
#1860
Rank
C$12.47 B
Marketcap
$12.49
Share price
0.61%
Change (1 day)
22.83%
Change (1 year)

P/E ratio for Orkla (ORK.OL)

P/E ratio as of December 2024 (TTM): 16.8

According to Orkla's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7809. At the end of 2022 the company had a P/E ratio of 14.1.

P/E ratio history for Orkla from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.1-23.07%
202118.3-7.92%
202019.9-14.06%
201923.212.38%
201820.699.64%
201710.3-44.14%
201618.5-14.29%
201521.6-30.84%
201431.2-50.57%
201363.1104.47%
201230.9-148.38%
2011-63.81.25%
2010-63.0-388.13%
200921.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.6 5.14%๐Ÿ‡บ๐Ÿ‡ธ USA

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.