P/E ratio for Oeneo (SBT.PA)
P/E ratio at the end of 2023: 19.9
According to Oeneo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6183. At the end of 2023 the company had a P/E ratio of 19.9.
P/E ratio history for Oeneo from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 19.9 | -4.91% |
| 2022 | 20.9 | 8.21% |
| 2021 | 19.4 | -7.89% |
| 2020 | 21.0 | -3.52% |
| 2019 | 21.8 | 10.89% |
| 2018 | 19.6 | 5.46% |
| 2017 | 18.6 | 18.48% |
| 2016 | 15.7 | 11.6% |
| 2015 | 14.1 | 0.36% |
| 2014 | 14.0 | 40.44% |
| 2013 | 10.00 | 172.5% |
| 2012 | 3.67 | -42.97% |
| 2011 | 6.43 | |
| 2008 | 1.81 | -43.77% |
| 2007 | 3.22 |
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.