OPTiM
3694.T
#7693
Rank
โ‚น20.96 B
Marketcap
โ‚น380.44
Share price
2.35%
Change (1 day)
-18.90%
Change (1 year)

P/E ratio for OPTiM (3694.T)

P/E ratio as of November 2024 (TTM): 32.6

According to OPTiM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.6296. At the end of 2022 the company had a P/E ratio of 61.5.

P/E ratio history for OPTiM from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202261.5-12.05%
202169.9-64.19%
2020195-22.06%
2019251-122.98%
2018< -1000-944.88%
20171295.37%
201612229.36%
201594.7

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.