OCBC Bank
O39.SI
#428
Rank
$44.94 B
Marketcap
$10.00
Share price
-1.82%
Change (1 day)
7.30%
Change (1 year)
Categories

P/E ratio for OCBC Bank (O39.SI)

P/E ratio as of March 2024 (TTM): 4.09

According to OCBC Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.09. At the end of 2022 the company had a P/E ratio of 4.28.

P/E ratio history for OCBC Bank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.28-40.55%
20217.20-42.83%
202012.629.81%
20199.70-8.22%
201810.6-18.85%
201713.020.21%
201610.817.5%
20159.22-9.79%
201410.2-21.76%
201313.151.91%
20128.60-27.59%
201111.9-21.46%
201015.1-1.03%
200915.3

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.