Old Mutual
OMU.JO
#3475
Rank
HK$25.19 B
Marketcap
HK$5.78
Share price
0.08%
Change (1 day)
9.08%
Change (1 year)

P/E ratio for Old Mutual (OMU.JO)

P/E ratio at the end of 2022: 6.11

According to Old Mutual's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.13061. At the end of 2022 the company had a P/E ratio of 6.11.

P/E ratio history for Old Mutual from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20226.11-22.42%
20217.87-206.53%
2020-7.39-212.07%
20196.59237.87%
20181.95

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.