According to OCBC Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.18499. At the end of 2022 the company had a P/E ratio of 4.28.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.28 | -40.55% |
2021 | 7.20 | -42.83% |
2020 | 12.6 | 29.81% |
2019 | 9.70 | -8.22% |
2018 | 10.6 | -18.85% |
2017 | 13.0 | 20.21% |
2016 | 10.8 | 17.5% |
2015 | 9.22 | -9.79% |
2014 | 10.2 | -21.76% |
2013 | 13.1 | 51.91% |
2012 | 8.60 | -27.59% |
2011 | 11.9 | -21.46% |
2010 | 15.1 | -1.03% |
2009 | 15.3 |
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.