According to Ocean Power Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.546939. At the end of 2022 the company had a P/E ratio of -1.18.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.18 | -72% |
2021 | -4.23 | 50.91% |
2020 | -2.80 | 1439.54% |
2019 | -0.1820 | -64.64% |
2018 | -0.5148 | -43.8% |
2017 | -0.9159 | 58.35% |
2016 | -0.5784 | 99.42% |
2015 | -0.2901 | -67.77% |
2014 | -0.9000 | -43.28% |
2013 | -1.59 | 10.48% |
2012 | -1.44 | -7.67% |
2011 | -1.56 | -37.18% |
2010 | -2.48 | -57.95% |
2009 | -5.89 | 76.05% |
2008 | -3.35 | -55.28% |
2007 | -7.48 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Lockheed Martin LMT | 16.6 | -3,140.25% | ๐บ๐ธ USA |
General Electric GE | 21.1 | -3,951.75% | ๐บ๐ธ USA |
Woodward WWD | 45.7 | -8,450.22% | ๐บ๐ธ USA |
Broadwind BWEN | -19.7 | 3,495.78% | ๐บ๐ธ USA |
Capstone Green Energy CGRN | -0.3190 | -41.68% | ๐บ๐ธ USA |
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.