Ocado
OCDO.L
#3259
Rank
HK$28.68 B
Marketcap
HK$34.28
Share price
-1.78%
Change (1 day)
-30.21%
Change (1 year)

P/E ratio for Ocado (OCDO.L)

P/E ratio at the end of 2022: -11.4

According to Ocado's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -625.805. At the end of 2022 the company had a P/E ratio of -11.4.

P/E ratio history for Ocado from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-11.4-80.8%
2021-59.2-48.3%
2020-115163.54%
2019-43.4-65.05%
2018-124-105.72%
2017> 10001427.63%
2016142-10.63%
2015159-27.07%
2014218-245.52%
2013-15017.67%
2012-127-82.3%
2011-720841.67%
2010-76.5

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.