P/E ratio for Ocwen (OCN)
P/E ratio as of April 2024 (TTM): -3.26
According to Ocwen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.26391. 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 |
|---|---|---|
| 2022 | 10.2 | -49.93% |
| 2021 | 20.3 | -417.92% |
| 2020 | -6.38 | 392.85% |
| 2019 | -1.29 | -48.78% |
| 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 | 3.27% |
| 2012 | 25.8 | 33.7% |
| 2011 | 19.3 | -23.1% |
| 2010 | 25.1 | -68.52% |
| 2009 | 79.8 | 202.84% |
| 2008 | 26.3 | 389.22% |
| 2007 | 5.38 | 84.79% |
| 2006 | 2.91 | -86.11% |
| 2005 | 21.0 | 223.97% |
| 2004 | 6.47 | -92.12% |
| 2003 | 82.1 | -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 |
|---|---|---|---|
 Banco Latinoamericano de Comercio Exterior BLX | 7.08 | -316.98% | 🇵🇦 Panama |
 Ellington Financial
EFC | 26.3 | -904.25% | 🇺🇸 USA |
 CIBC CM | 13.1 | -501.02% | 🇨🇦 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.