Oconee Federal Financial
OFED
#8926
Rank
C$0.10 B
Marketcap
$18.76
Share price
0.00%
Change (1 day)
24.67%
Change (1 year)

P/E ratio for Oconee Federal Financial (OFED)

P/E ratio as of November 2024 (TTM): 22.1

According to Oconee Federal Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1148. At the end of 2022 the company had a P/E ratio of 30.9.

P/E ratio history for Oconee Federal Financial from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.9-6.94%
202133.2-3%
202034.2-9.3%
201937.79%
201834.6-21.68%
201744.276.62%
201625.012.6%
201522.2-26.73%
201430.313.64%
201326.728.47%
201220.8-28.83%
201129.29.02%
201026.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.9-46.10%๐Ÿ‡บ๐Ÿ‡ธ USA
8.92-59.68%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.