According to Olympus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.27803. At the end of 2022 the company had a P/E ratio of 21.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.9 | -36.23% |
2021 | 34.4 | -106.3% |
2020 | -546 | -1599.68% |
2019 | 36.4 | -50.8% |
2018 | 74.0 | 157.24% |
2017 | 28.8 | 23.25% |
2016 | 23.4 | -96.89% |
2015 | 751 | 1950.51% |
2014 | 36.6 | -81.08% |
2013 | 194 | -459.88% |
2012 | -53.8 | 597.65% |
2011 | -7.71 | -114.92% |
2010 | 51.7 | -385.57% |
2009 | -18.1 |
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.