Omni Bridgeway
OBL.AX
#8075
Rank
A$0.41 B
Marketcap
A$1.44
Share price
-0.34%
Change (1 day)
-5.52%
Change (1 year)

P/E ratio for Omni Bridgeway (OBL.AX)

P/E ratio at the end of 2024: -3.36

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.6449. At the end of 2024 the company had a P/E ratio of -3.36.

P/E ratio history for Omni Bridgeway from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-3.36-85.64%
2023-23.420.29%
2022-19.5-41.66%
2021-33.4-63.17%
2020-90.6499.97%
2019-15.1-63.94%
2018-41.9-335.65%
201717.879.55%
20169.90-69.27%
201532.289.87%
201417.087.08%
20139.07346.49%
20122.03-45.99%
20113.76-56.64%
20108.6759.28%
20095.45203.12%
20081.80-69.15%
20075.82-114.9%
2006-39.1135.86%
2005-16.6-190.65%
200418.31336.83%
20031.27-118.26%
2002-6.971623.72%
2001-0.4042

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.