Omni Bridgeway
OBL.AX
#7946
Rank
HK$1.90 B
Marketcap
HK$6.75
Share price
0.00%
Change (1 day)
2.79%
Change (1 year)

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

P/E ratio at the end of 2023: -21.8

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.3904. At the end of 2023 the company had a P/E ratio of -21.8.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-21.820.8%
2022-18.0-41.39%
2021-30.8-63.74%
2020-84.8498.18%
2019-14.2-63.93%
2018-39.3-328.52%
201717.269.69%
201610.1-70.49%
201534.481.84%
201418.977.67%
201310.6319.01%
20122.54-48%
20114.88-59.36%
201012.045.86%
20098.24172.98%
20083.02-69.21%
20079.80-114.96%
2006-65.5134.87%
2005-27.9-190.65%
200430.81336.83%
20032.14-118.26%
2002-11.71623.72%
2001-0.6801

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.