OTC Markets Group
OTCM
#6334
Rank
C$0.76 B
Marketcap
$64.09
Share price
0.53%
Change (1 day)
-13.34%
Change (1 year)

P/E ratio for OTC Markets Group (OTCM)

P/E ratio as of September 2024 (TTM): 19.2

According to OTC Markets Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1837. At the end of 2022 the company had a P/E ratio of 21.9.

P/E ratio history for OTC Markets Group from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.9-4.11%
202122.84.71%
202021.8-20.29%
201927.332.76%
201820.6-21.3%
201726.22.46%
201625.537.49%
201518.6-11.89%
201421.135.05%
201315.62.59%
201215.227.79%
201111.9-44.47%
201021.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
121 530.38%๐Ÿ‡บ๐Ÿ‡ธ USA
6.65-65.36%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0-11.14%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.