P/E ratio for OVH Groupe (OVH.PA)
P/E ratio at the end of 2024: -131
According to OVH Groupe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -228.633. At the end of 2024 the company had a P/E ratio of -131.
P/E ratio history for OVH Groupe from 2022 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -131 | 178.07% |
| 2023 | -47.0 | -53.4% |
| 2022 | -101 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gigas Hosting GIGA.MC | 8.84 | -103.86% | 🇪🇸 Spain |
 IONOS Group IOS.DE | 37.2 | -116.26% | 🇩🇪 Germany |
 iomart Group IOM.L | N/A | N/A | 🇬🇧 UK |
 Locaweb LWSA3.SA | 27.5 | -112.04% | 🇧🇷 Brazil |
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.