Optomed
OPTOMED.HE
#9037
Rank
HK$0.66 B
Marketcap
HK$33.78
Share price
-2.00%
Change (1 day)
12.36%
Change (1 year)
Categories

P/E ratio for Optomed (OPTOMED.HE)

P/E ratio as of December 2024 (TTM): -14.3

According to Optomed's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.2831. At the end of 2023 the company had a P/E ratio of -13.1.

P/E ratio history for Optomed from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-13.140.19%
2022-9.36-70.38%
2021-31.618.22%
2020-26.71.24%
2019-26.4

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.