Omni Bridgeway
OBL.AX
#7641
Rank
NZ$0.46 B
Marketcap
$1.62
Share price
4.50%
Change (1 day)
19.20%
Change (1 year)

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

P/E ratio at the end of 2023: -22.5

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6865. At the end of 2023 the company had a P/E ratio of -22.5.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-22.520.8%
2022-18.6-41.39%
2021-31.7-63.74%
2020-87.5498.18%
2019-14.6-63.93%
2018-40.6-328.52%
201717.769.69%
201610.5-70.49%
201535.481.84%
201419.577.67%
201311.0319.01%
20122.62-48%
20115.04-59.36%
201012.445.86%
20098.50172.98%
20083.11-69.21%
200710.1-114.96%
2006-67.6134.87%
2005-28.8-190.65%
200431.71336.83%
20032.21-118.26%
2002-12.11623.72%
2001-0.7015

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.