P/E ratio for ORBIS AG (OBS.DE)
P/E ratio at the end of 2023: 18.0
According to ORBIS AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.7504. At the end of 2023 the company had a P/E ratio of 18.0.
P/E ratio history for ORBIS AG from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 18.0 | -29.93% |
| 2022 | 25.7 | -4.77% |
| 2021 | 27.0 | 8.53% |
| 2020 | 24.9 | -11.15% |
| 2019 | 28.0 | 66.88% |
| 2018 | 16.8 | -20.24% |
| 2017 | 21.1 | -3.63% |
| 2016 | 21.8 | 5.67% |
| 2015 | 20.7 | 51.3% |
| 2014 | 13.7 | 6.24% |
| 2013 | 12.9 | 45.93% |
| 2012 | 8.81 | 51% |
| 2011 | 5.84 | -29.43% |
| 2010 | 8.27 | -3.93% |
| 2009 | 8.61 | -16.04% |
| 2008 | 10.3 | -198.29% |
| 2007 | -10.4 |
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.