Orient Overseas Container Line
0316.HK
#1800
Rank
โ‚ฌ10.12 B
Marketcap
15,33ย โ‚ฌ
Share price
1.51%
Change (1 day)
28.14%
Change (1 year)

P/E ratio for Orient Overseas Container Line (0316.HK)

P/E ratio at the end of 2024: 3.42

According to Orient Overseas Container Line's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.62328. At the end of 2024 the company had a P/E ratio of 3.42.

P/E ratio history for Orient Overseas Container Line from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20243.42-39.77%
20235.67583.03%
20220.8305-31.18%
20211.21-64.33%
20203.38197.23%
20191.14-93.89%
201818.6-11.96%
201721.2-473.97%
2016-5.66-212.96%
20155.01-19%
20146.19-79.84%
201330.7365.57%
20126.59-28.39%
20119.21536.91%
20101.45-145.77%
2009-3.16-243.32%
20082.20176.24%
20070.7979-73.51%
20063.01110.93%
20051.43-6.19%
20041.52

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.