OTP Bank
OTP.BD
#1267
Rank
C$19.99 B
Marketcap
Country
$75.97
Share price
1.32%
Change (1 day)
40.78%
Change (1 year)

P/E ratio for OTP Bank (OTP.BD)

P/E ratio as of November 2024 (TTM): 6.14

According to OTP Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.14441. At the end of 2022 the company had a P/E ratio of 8.11.

P/E ratio history for OTP Bank from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.11-15.05%
20219.55-28.22%
202013.335.91%
20199.795.36%
20189.29-6.9%
20179.98-9.1%
201611.0-55.71%
201524.8-348.52%
2014-9.98-158.64%
201317.088.25%
20129.0475.24%
20115.16-8.91%
20105.6619.22%
20094.75207.51%
20081.54-93.07%
200722.3-8.01%
200624.24.89%
200523.1

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.