Oeneo
SBT.PA
#6329
Rank
ยฃ0.49 B
Marketcap
ยฃ7.66
Share price
0.44%
Change (1 day)
-14.96%
Change (1 year)

P/E ratio for Oeneo (SBT.PA)

P/E ratio at the end of 2023: 21.6

According to Oeneo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1771. At the end of 2023 the company had a P/E ratio of 21.6.

P/E ratio history for Oeneo from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202321.6-4.91%
202222.78.21%
202120.9-7.89%
202022.7-3.52%
201923.610.89%
201821.35.46%
201720.218.48%
201617.011.6%
201515.20.36%
201415.240.44%
201310.8172.5%
20123.97-42.97%
20116.96
20081.96-43.77%
20073.48

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.