OCI
OCI.AS
#3965
Rank
โ‚น204.50 B
Marketcap
โ‚น962.15
Share price
-1.44%
Change (1 day)
-49.21%
Change (1 year)

P/E ratio for OCI (OCI.AS)

P/E ratio as of November 2024 (TTM): 3.20

According to OCI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.2037. At the end of 2022 the company had a P/E ratio of 6.09.

P/E ratio history for OCI from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.09-36.5%
20219.59-141.95%
2020-22.973.88%
2019-13.1-84.9%
2018-87.170.46%
2017-51.1

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.