Orica
ORI.AX
#2655
Rank
NZ$9.00 B
Marketcap
$18.47
Share price
-0.06%
Change (1 day)
7.70%
Change (1 year)

P/E ratio for Orica (ORI.AX)

P/E ratio at the end of 2022: 89.2

According to Orica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 110.721. At the end of 2022 the company had a P/E ratio of 89.2.

P/E ratio history for Orica from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202289.2-463.47%
2021-24.5-174.61%
202032.90.14%
201932.9-128.45%
2018-115-852.98%
201715.312.62%
201613.6-451.49%
2015-3.87-146.67%
20148.303.19%
20138.05-41.46%
201213.759.71%
20118.6087.32%
20104.59-60.69%
200911.76.23%
200811.0-20.6%
200713.931.23%
200610.6-54.88%
200523.470.27%
200413.7-56.62%
200331.7162.02%
200212.1-306.76%
2001-5.85

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.