Olimpo Real Estate
YORE.MC
#7946
Rank
NZ$0.34 B
Marketcap
$1.78
Share price
0.00%
Change (1 day)
-5.12%
Change (1 year)

P/E ratio for Olimpo Real Estate (YORE.MC)

P/E ratio at the end of 2022: 38.6

According to Olimpo Real Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.6461. At the end of 2022 the company had a P/E ratio of 38.6.

P/E ratio history for Olimpo Real Estate from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202238.6111.88%
202118.2-94.79%
20203491795.14%
201918.4-61.43%
201847.8-80.57%
2017246

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.