Orion Engineered Carbons
OEC
#5497
Rank
โ‚น87.93 B
Marketcap
โ‚น1,524
Share price
0.28%
Change (1 day)
-22.21%
Change (1 year)

P/E ratio for Orion Engineered Carbons (OEC)

P/E ratio as of November 2024 (TTM): 9.29

According to Orion Engineered Carbons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.29016. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Orion Engineered Carbons from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.224.32%
20218.23-85.59%
202057.1329.24%
201913.311.1%
201812.0-40.01%
201720.0-13.18%
201623.043.64%
201516.0-211.69%
2014-14.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.2 257.37%๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 85.82%๐Ÿ‡จ๐Ÿ‡ฆ Canada
56.3 505.72%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6 89.89%๐Ÿ‡บ๐Ÿ‡ธ USA

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.