P/E ratio for Orapi SA (ORAP.PA)
P/E ratio at the end of 2023: -2.02
According to Orapi SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.09469. At the end of 2023 the company had a P/E ratio of -2.02.
P/E ratio history for Orapi SA from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -2.02 | -105.43% |
| 2022 | 37.1 | -81.03% |
| 2021 | 196 | 4120.58% |
| 2020 | 4.64 | -194.73% |
| 2019 | -4.90 | -11.68% |
| 2018 | -5.54 | -72.46% |
| 2017 | -20.1 | -45.36% |
| 2016 | -36.8 | 462.05% |
| 2015 | -6.55 | -139.37% |
| 2014 | 16.7 | 54.84% |
| 2013 | 10.8 | 11.96% |
| 2012 | 9.60 | -55.49% |
| 2011 | 21.6 | 179.91% |
| 2010 | 7.71 | 15.01% |
| 2009 | 6.70 |
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.