Ocwen
OCN
#6945
Rank
$0.20 B
Marketcap
$25.87
Share price
-0.15%
Change (1 day)
-3.43%
Change (1 year)

P/E ratio for Ocwen (OCN)

P/E ratio as of May 2024 (TTM): -3.35

According to Ocwen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.3467. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Ocwen from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.2-49.93%
202120.3-417.92%
2020-6.38392.85%
2019-1.29-48.78%
2018-2.53-18.42%
2017-3.10-7.43%
2016-3.35-5.38%
2015-3.540.99%
2014-3.50-113.14%
201326.73.27%
201225.833.7%
201119.3-23.1%
201025.1-68.52%
200979.8202.84%
200826.3389.22%
20075.3884.79%
20062.91-86.11%
200521.0223.97%
20046.47-92.12%
200382.1-5114.17%
2002-1.64-40.37%
2001-2.75

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.42-321.58%๐Ÿ‡ต๐Ÿ‡ฆ Panama
27.6-925.10%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-506.40%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.