P/E ratio for Oberbank (OBS.VI)
P/E ratio as of May 2024 (TTM): 12.7
According to Oberbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7112. At the end of 2022 the company had a P/E ratio of 29.9.
P/E ratio history for Oberbank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.9 | 8.51% |
| 2021 | 27.5 | -40.4% |
| 2020 | 46.2 | 51.41% |
| 2019 | 30.5 | 11% |
| 2018 | 27.5 | -3.06% |
| 2017 | 28.3 | 33.94% |
| 2016 | 21.2 | 15.3% |
| 2015 | 18.3 | -11.02% |
| 2014 | 20.6 | -6.86% |
| 2013 | 22.1 | |
| 2011 | 24.5 | -6.57% |
| 2010 | 26.3 | -13.88% |
| 2009 | 30.5 |
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.