Office Depot
ODP
#5979
Rank
A$1.17 B
Marketcap
$38.95
Share price
-0.75%
Change (1 day)
-46.64%
Change (1 year)

P/E ratio for Office Depot (ODP)

P/E ratio as of November 2024 (TTM): 5.61

According to Office Depot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.60586. At the end of 2022 the company had a P/E ratio of 13.2.

P/E ratio history for Office Depot from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.2-239.46%
2021-9.4795.76%
2020-4.83-131.06%
201915.614.65%
201813.634.26%
201710.1117.05%
20164.66-99.17%
2015564-4509.34%
2014-12.8-49.22%
2013-25.2207.2%
2012-8.20-168.65%
201111.9-166.36%
2010-18.0541.86%
2009-2.80410.05%
2008-0.5498-105.73%
20079.59-55.26%
200621.4-39.9%
200535.7121.98%
200416.1-15.35%
200319.031.22%
200214.5-47.71%
200127.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.94 59.47%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6 338.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0253-100.45%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.