Ocwen
OCN
#5896
Rank
$0.26 B
Marketcap
$34.94
Share price
3.56%
Change (1 day)
5.05%
Change (1 year)

P/E ratio for Ocwen (OCN)

P/E ratio as of December 2022 (TTM): 2.48

According to Ocwen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.47801. At the end of 2019 the company had a P/E ratio of -1.29.

P/E ratio history for Ocwen from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2019-1.29-48.88%
2018-2.53-18.42%
2017-3.10-7.43%
2016-3.35-5.38%
2015-3.540.99%
2014-3.50-113.14%
201326.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.44 200.30%๐Ÿ‡ต๐Ÿ‡ฆ Panama
-11.7-570.70%๐Ÿ‡บ๐Ÿ‡ธ USA
8.11 227.22%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.