P/E ratio for OceanaGold (OGC.TO)
P/E ratio as of April 2025 (TTM): 29.1
According to OceanaGold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.1474. At the end of 2023 the company had a P/E ratio of 21.2.
P/E ratio history for OceanaGold from 2008 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 21.2 | 55.88% |
| 2022 | 13.6 | -106.2% |
| 2021 | -219 | 1994.02% |
| 2020 | -10.5 | -108.37% |
| 2019 | 125 | 410.2% |
| 2018 | 24.5 | 112.38% |
| 2017 | 11.5 | -35.09% |
| 2016 | 17.8 | -7.16% |
| 2015 | 19.1 | 243.83% |
| 2014 | 5.57 | -159.39% |
| 2013 | -9.38 | -125.6% |
| 2012 | 36.6 | 176.72% |
| 2011 | 13.2 | -28.65% |
| 2010 | 18.6 | 249.18% |
| 2009 | 5.31 | -1304.17% |
| 2008 | -0.4412 | -92.02% |
| 2007 | -5.53 |
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.