OFX Group
OFX.AX
#8433
Rank
S$0.20 B
Marketcap
$0.89
Share price
2.43%
Change (1 day)
-33.00%
Change (1 year)

P/E ratio for OFX Group (OFX.AX)

P/E ratio at the end of 2024: 11.1

According to OFX Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.06342. At the end of 2024 the company had a P/E ratio of 11.1.

P/E ratio history for OFX Group from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202411.13.63%
202310.8-45.72%
202219.816.87%
202117.020.27%
202014.1-26.54%
201919.213.26%
201816.920.83%
201714.0-17.77%
201617.1-3.63%
201517.7-42.95%
201431.0

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.