OrganiGram Holdings
OGI
#8241
Rank
$0.16 B
Marketcap
$1.52
Share price
0.66%
Change (1 day)
17.83%
Change (1 year)
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P/E ratio for OrganiGram Holdings (OGI)

P/E ratio as of November 2024 (TTM): -0.7361

According to OrganiGram Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.736107. At the end of 2022 the company had a P/E ratio of -19.5.

P/E ratio history for OrganiGram Holdings from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-19.5234.15%
2021-5.83200.07%
2020-1.94-85.59%
2019-13.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.6-2,213.10%๐Ÿ‡บ๐Ÿ‡ธ USA

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.