Omni Bridgeway
OBL.AX
#7880
Rank
ยฃ0.14 B
Marketcap
ยฃ0.50
Share price
10.11%
Change (1 day)
-49.74%
Change (1 year)

P/E ratio for Omni Bridgeway (OBL.AX)

P/E ratio at the end of 2023: -23.4

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.83843. At the end of 2023 the company had a P/E ratio of -23.4.

P/E ratio history for Omni Bridgeway from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-23.420.8%
2022-19.4-41.39%
2021-33.0-63.74%
2020-91.1498.18%
2019-15.2-63.93%
2018-42.2-328.52%
201718.569.69%
201610.9-70.49%
201536.981.84%
201420.377.67%
201311.4319.01%
20122.73-48%
20115.24-59.36%
201012.945.86%
20098.84172.98%
20083.24-69.21%
200710.5-114.96%
2006-70.3134.87%
2005-29.9-190.65%
200433.01336.83%
20032.30-118.26%
2002-12.61623.72%
2001-0.7301

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.