DOF Group
DOFG.OL
#4279
Rank
โ‚น171.84 B
Marketcap
โ‚น697.94
Share price
1.45%
Change (1 day)
78.23%
Change (1 year)

P/E ratio for DOF Group (DOFG.OL)

P/E ratio as of November 2024 (TTM): 20.4

According to DOF Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3945.

P/E ratio history for DOF Group from 2023 to 2023

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.