Olvi plc
OLVAS.HE
#6368
Rank
S$0.82 B
Marketcap
$39.70
Share price
0.71%
Change (1 day)
-6.57%
Change (1 year)

P/E ratio for Olvi plc (OLVAS.HE)

P/E ratio as of November 2024 (TTM): -107

According to Olvi plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -106.713. At the end of 2022 the company had a P/E ratio of 86.5.

P/E ratio history for Olvi plc from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202286.5251.54%
202124.6-0.58%
202024.721.32%
201920.427.15%
201816.0-7.1%
201717.3-3.19%
201617.8-13.2%
201520.553.1%
201413.4-24.92%
201317.913.71%
201215.7-29.66%
201122.3241.41%
20106.55-46.87%
200912.3

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.