Omni Bridgeway
OBL.AX
#7900
Rank
โ‚ฌ0.22 B
Marketcap
0,79ย โ‚ฌ
Share price
1.87%
Change (1 day)
-9.28%
Change (1 year)

P/E ratio for Omni Bridgeway (OBL.AX)

P/E ratio at the end of 2023: -22.1

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.2479. At the end of 2023 the company had a P/E ratio of -22.1.

P/E ratio history for Omni Bridgeway from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.120.8%
2022-18.3-41.39%
2021-31.3-63.74%
2020-86.2498.18%
2019-14.4-63.93%
2018-39.9-328.52%
201717.569.69%
201610.3-70.49%
201534.981.84%
201419.277.67%
201310.8319.01%
20122.58-48%
20114.96-59.36%
201012.245.86%
20098.37172.98%
20083.06-69.21%
20079.95-114.96%
2006-66.5134.87%
2005-28.3-190.65%
200431.21336.83%
20032.17-118.26%
2002-11.91623.72%
2001-0.6908

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.