P/E ratio for Ocwen (OCN)
P/E ratio as of March 2023 (TTM): 1.68
According to Ocwen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.68191. 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 | -3.54 | 0.99% |
| 2014 | -3.50 | -113.14% |
| 2013 | 26.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Banco Latinoamericano de Comercio Exterior BLX | 6.68 | 297.28% | 🇵🇦 Panama |
 Ellington Financial
EFC | -9.29 | -652.09% | 🇺🇸 USA |
 CIBC CM | 9.18 | 445.90% | 🇨🇦 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.