Orion Engineered Carbons
OEC
#5482
Rank
C$1.34 B
Marketcap
$23.13
Share price
0.89%
Change (1 day)
-22.53%
Change (1 year)

P/E ratio for Orion Engineered Carbons (OEC)

P/E ratio as of September 2024 (TTM): 8.83

According to Orion Engineered Carbons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.8342. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Orion Engineered Carbons from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.224.32%
20218.23-85.59%
202057.1329.24%
201913.311.1%
201812.0-40.01%
201720.0-13.18%
201623.043.64%
201516.0-211.69%
2014-14.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.7 281.47%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2 72.26%๐Ÿ‡จ๐Ÿ‡ฆ Canada
55.3 525.61%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8 123.57%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.