P/E ratio for O-I Glass (OI)
P/E ratio as of April 2024 (TTM): 6.04
According to O-I Glass 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.03659. At the end of 2022 the company had a P/E ratio of 4.41.
P/E ratio history for O-I Glass from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.41 | -65.2% |
| 2021 | 12.7 | 69.2% |
| 2020 | 7.48 | -260.6% |
| 2019 | -4.66 | -143.25% |
| 2018 | 10.8 | -45.57% |
| 2017 | 19.8 | 45.53% |
| 2016 | 13.6 | -136.7% |
| 2015 | -37.1 | -219.47% |
| 2014 | 31.0 | -3.76% |
| 2013 | 32.2 | 68.22% |
| 2012 | 19.2 | -400.58% |
| 2011 | -6.37 | -94.39% |
| 2010 | -114 | -432.08% |
| 2009 | 34.2 | 89.18% |
| 2008 | 18.1 | 210.8% |
| 2007 | 5.82 | -110.1% |
| 2006 | -57.7 | 952.28% |
| 2005 | -5.48 | -135.08% |
| 2004 | 15.6 | -1005.19% |
| 2003 | -1.73 | -60.35% |
| 2002 | -4.35 | -200.2% |
| 2001 | 4.34 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pepsico PEP | 28.5 | 371.46% | 🇺🇸 USA |
 Ball Corporation
BALL | 33.9 | 462.20% | 🇺🇸 USA |
 Molson Coors TAP | 54.9 | 808.70% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 18.1 | 199.77% | 🇺🇸 USA |
 Crown Holdings
CCK | 18.5 | 206.37% | 🇺🇸 USA |
 AptarGroup ATR | 32.7 | 441.18% | 🇺🇸 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.