ORBIS AG
OBS.DE
#9151
Rank
$59.95 M
Marketcap
$6.33
Share price
1.69%
Change (1 day)
6.58%
Change (1 year)

P/E ratio for ORBIS AG (OBS.DE)

P/E ratio at the end of 2023: 18.0

According to ORBIS AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9891. At the end of 2023 the company had a P/E ratio of 18.0.

P/E ratio history for ORBIS AG from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202318.0-29.93%
202225.7-4.77%
202127.08.53%
202024.9-11.15%
201928.066.88%
201816.8-20.24%
201721.1-3.63%
201621.85.67%
201520.751.3%
201413.76.24%
201312.945.93%
20128.8151%
20115.84-29.43%
20108.27-3.93%
20098.61-16.04%
200810.3-198.29%
2007-10.4

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.