OMER S.p.A.
OMER.MI
#8688
Rank
โ‚น10.52 B
Marketcap
โ‚น367.68
Share price
0.98%
Change (1 day)
40.86%
Change (1 year)

P/E ratio for OMER S.p.A. (OMER.MI)

P/E ratio at the end of 2023: 9.31

According to OMER S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2418. At the end of 2023 the company had a P/E ratio of 9.31.

P/E ratio history for OMER S.p.A. from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.3115.87%
20228.04-15.75%
20219.54

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.