P/E ratio for Oberbank (OBS.VI)
P/E ratio as of September 2023 (TTM): 11.0
According to Oberbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0471. At the end of 2021 the company had a P/E ratio of 13.8.
P/E ratio history for Oberbank from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.8 | -43.06% |
| 2020 | 24.2 | 54.12% |
| 2019 | 15.7 | 11.59% |
| 2018 | 14.1 | -2.36% |
| 2017 | 14.4 | 33.97% |
| 2016 | 10.8 | 11.57% |
| 2015 | 9.65 | -8.94% |
| 2014 | 10.6 | -6.89% |
| 2013 | 11.4 | -10.53% |
| 2012 | 12.7 | 4.11% |
| 2011 | 12.2 | -6.63% |
| 2010 | 13.1 | -13.24% |
| 2009 | 15.1 | 33.47% |
| 2008 | 11.3 | -71.66% |
| 2007 | 39.9 | 18.38% |
| 2006 | 33.7 | 230.64% |
| 2005 | 10.2 |
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.