oOh!media Limited
OML.AX
#6848
Rank
โ‚น37.05 B
Marketcap
โ‚น68.78
Share price
0.81%
Change (1 day)
-4.01%
Change (1 year)

P/E ratio for oOh!media Limited (OML.AX)

P/E ratio at the end of 2023: 25.5

According to oOh!media Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0893. At the end of 2023 the company had a P/E ratio of 25.5.

P/E ratio history for oOh!media Limited from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.58.22%
202223.5-125.98%
2021-90.6336.73%
2020-20.7-132.95%
201963.0215.95%
201819.94.66%
201719.0-36.36%
201629.9-14.78%
201535.1-933.75%
2014-4.21

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.