OUTsurance Group
OUT.JO
#2555
Rank
C$9.83 B
Marketcap
C$6.35
Share price
-0.61%
Change (1 day)
19.74%
Change (1 year)

P/E ratio for OUTsurance Group (OUT.JO)

P/E ratio at the end of 2024: 19.6

According to OUTsurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7687. At the end of 2024 the company had a P/E ratio of 19.6.

P/E ratio history for OUTsurance Group from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202419.6-3.99%
202320.4927.78%
20221.98-75.82%
20218.20-52.35%
202017.2166.08%
20196.47-6.93%
20186.95-12.26%
20177.92-23.78%
201610.430.09%
20157.9934.21%
20145.951.26%
20135.8881.39%
20123.2435.39%
20112.39

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.