P/E ratio for OdontoPrev (ODPV3.SA)
P/E ratio as of April 2024 (TTM): 13.2
According to OdontoPrev's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1643. At the end of 2022 the company had a P/E ratio of 12.2.
P/E ratio history for OdontoPrev from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.2 | -33.48% |
| 2021 | 18.3 | -22.09% |
| 2020 | 23.5 | -31.98% |
| 2019 | 34.6 | 20.9% |
| 2018 | 28.6 | 54.68% |
| 2017 | 18.5 | -45.57% |
| 2016 | 33.9 | 36.79% |
| 2015 | 24.8 | -16.03% |
| 2014 | 29.6 | -3.08% |
| 2013 | 30.5 | -30.92% |
| 2012 | 44.1 | 23.91% |
| 2011 | 35.6 | 61.46% |
| 2010 | 22.1 | 8.71% |
| 2009 | 20.3 |
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.