Ollie's Bargain Outlet
OLLI
#2448
Rank
A$9.23 B
Marketcap
$150.60
Share price
-0.23%
Change (1 day)
20.91%
Change (1 year)

P/E ratio for Ollie's Bargain Outlet (OLLI)

P/E ratio as of November 2024 (TTM): 41.2

According to Ollie's Bargain Outlet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.2375. At the end of 2022 the company had a P/E ratio of 31.0.

P/E ratio history for Ollie's Bargain Outlet from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.064.83%
202118.8-18.29%
202023.0-21.35%
201929.310.08%
201826.6-33.05%
201739.720.12%
201633.115.18%
201528.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.71-86.15%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.2-141.77%๐Ÿ‡บ๐Ÿ‡ธ USA
8.38-79.68%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.