P/E ratio for Compagnie de l'Odet (ODET.PA)
P/E ratio at the end of 2022: 3.10
According to Compagnie de l'Odet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 3.10.
P/E ratio history for Compagnie de l'Odet from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.10 | 81.9% |
| 2021 | 1.70 | -88.98% |
| 2020 | 15.5 | -43.19% |
| 2019 | 27.2 | 1.17% |
| 2018 | 26.9 | 135.73% |
| 2017 | 11.4 | -14.69% |
| 2016 | 13.4 | 0.18% |
| 2015 | 13.4 | -47.86% |
| 2014 | 25.6 | 20.71% |
| 2013 | 21.2 | 319.36% |
| 2012 | 5.06 | -17.53% |
| 2011 | 6.13 | -40.91% |
| 2010 | 10.4 | -60% |
| 2009 | 26.0 | -11.69% |
| 2008 | 29.4 | 275.46% |
| 2007 | 7.83 | 67.44% |
| 2006 | 4.67 | -33.56% |
| 2005 | 7.04 | 1344.43% |
| 2004 | 0.4871 |
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.