Omni Bridgeway
OBL.AX
#7823
Rank
HK$1.88 B
Marketcap
HK$6.67
Share price
-1.08%
Change (1 day)
-7.13%
Change (1 year)

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

P/E ratio at the end of 2023: -22.3

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.234. At the end of 2023 the company had a P/E ratio of -22.3.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-22.320.8%
2022-18.4-41.39%
2021-31.5-63.74%
2020-86.8498.18%
2019-14.5-63.93%
2018-40.2-328.52%
201717.669.69%
201610.4-70.49%
201535.181.84%
201419.377.67%
201310.9319.01%
20122.60-48%
20114.99-59.36%
201012.345.86%
20098.42172.98%
20083.09-69.21%
200710.0-114.96%
2006-67.0134.87%
2005-28.5-190.65%
200431.51336.83%
20032.19-118.26%
2002-12.01623.72%
2001-0.6955

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.