P/E ratio for MacroWell OMG Digital Entertainment (3687.TWO)
P/E ratio as of April 2024 (TTM): 59.2
According to MacroWell OMG Digital Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.1591. At the end of 2022 the company had a P/E ratio of 34.9.
P/E ratio history for MacroWell OMG Digital Entertainment from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.9 | -57.1% |
| 2021 | 81.3 | 137.45% |
| 2020 | 34.2 | -90.56% |
| 2019 | 363 | -4786.15% |
| 2018 | -7.74 | -5.49% |
| 2017 | -8.18 | 59.09% |
| 2016 | -5.14 | -70.93% |
| 2015 | -17.7 | 179.26% |
| 2014 | -6.34 | -72.05% |
| 2013 | -22.7 | -210.81% |
| 2012 | 20.5 | 42.99% |
| 2011 | 14.3 | -71.45% |
| 2010 | 50.1 |
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.