Oberbank
OBS.VI
#2659
Rank
ยฃ4.14 B
Marketcap
ยฃ58.72
Share price
0.57%
Change (1 day)
7.45%
Change (1 year)

P/E ratio for Oberbank (OBS.VI)

P/E ratio as of November 2024 (TTM): 12.6

According to Oberbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5726. At the end of 2022 the company had a P/E ratio of 14.9.

P/E ratio history for Oberbank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.98.51%
202113.8-40.4%
202023.151.41%
201915.211%
201813.7-3.06%
201714.233.94%
201610.615.3%
20159.17-11.02%
201410.3-6.86%
201311.1
201112.3-6.57%
201013.1-13.88%
200915.2

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.