oOh!media Limited
OML.AX
#7245
Rank
โ‚น34.46 B
Marketcap
โ‚น63.96
Share price
0.84%
Change (1 day)
-31.41%
Change (1 year)

P/E ratio for oOh!media Limited (OML.AX)

P/E ratio at the end of 2023: 24.0

According to oOh!media Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3294. At the end of 2023 the company had a P/E ratio of 24.0.

P/E ratio history for oOh!media Limited from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202324.08.22%
202222.2-125.98%
2021-85.3336.73%
2020-19.5-132.95%
201959.3215.95%
201818.84.66%
201717.9-36.36%
201628.2-14.78%
201533.1-933.75%
2014-3.97

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.