Omni Bridgeway
OBL.AX
#7916
Rank
โ‚น19.08 B
Marketcap
โ‚น66.17
Share price
-7.53%
Change (1 day)
-13.65%
Change (1 year)

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

P/E ratio at the end of 2023: -21.2

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.0714. At the end of 2023 the company had a P/E ratio of -21.2.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-21.220.8%
2022-17.6-41.39%
2021-30.0-63.74%
2020-82.6498.18%
2019-13.8-63.93%
2018-38.3-328.52%
201716.869.69%
20169.87-70.49%
201533.581.84%
201418.477.67%
201310.4319.01%
20122.47-48%
20114.75-59.36%
201011.745.86%
20098.02172.98%
20082.94-69.21%
20079.54-114.96%
2006-63.8134.87%
2005-27.1-190.65%
200429.91336.83%
20032.08-118.26%
2002-11.41623.72%
2001-0.6621

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.