P/E ratio for Orica (ORI.AX)
P/E ratio at the end of 2022: 85.7
According to Orica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 107.268. At the end of 2022 the company had a P/E ratio of 85.7.
P/E ratio history for Orica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 85.7 | -463.47% |
| 2021 | -23.6 | -174.61% |
| 2020 | 31.6 | 0.14% |
| 2019 | 31.5 | -128.45% |
| 2018 | -111 | -852.98% |
| 2017 | 14.7 | 12.62% |
| 2016 | 13.1 | -451.49% |
| 2015 | -3.72 | -146.67% |
| 2014 | 7.97 | 3.19% |
| 2013 | 7.72 | -41.46% |
| 2012 | 13.2 | 59.71% |
| 2011 | 8.26 | 87.32% |
| 2010 | 4.41 | -60.69% |
| 2009 | 11.2 | 6.23% |
| 2008 | 10.6 | -20.6% |
| 2007 | 13.3 | 31.23% |
| 2006 | 10.1 | -54.88% |
| 2005 | 22.5 | 70.27% |
| 2004 | 13.2 | -56.62% |
| 2003 | 30.4 | 162.02% |
| 2002 | 11.6 | -306.76% |
| 2001 | -5.61 |
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.