P/E ratio for Office Depot (ODP)
P/E ratio as of May 2024 (TTM): 11.5
According to Office Depot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4662. At the end of 2022 the company had a P/E ratio of 13.2.
P/E ratio history for Office Depot from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.2 | -239.46% |
| 2021 | -9.47 | 95.76% |
| 2020 | -4.83 | -131.06% |
| 2019 | 15.6 | 14.65% |
| 2018 | 13.6 | 34.26% |
| 2017 | 10.1 | 117.05% |
| 2016 | 4.66 | -99.17% |
| 2015 | 564 | -4509.34% |
| 2014 | -12.8 | -49.22% |
| 2013 | -25.2 | 207.2% |
| 2012 | -8.20 | -168.65% |
| 2011 | 11.9 | -166.36% |
| 2010 | -18.0 | 541.86% |
| 2009 | -2.80 | 410.05% |
| 2008 | -0.5498 | -105.73% |
| 2007 | 9.59 | -55.26% |
| 2006 | 21.4 | -39.9% |
| 2005 | 35.7 | 121.98% |
| 2004 | 16.1 | -15.35% |
| 2003 | 19.0 | 31.22% |
| 2002 | 14.5 | -47.71% |
| 2001 | 27.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 eBay EBAY | 19.8 | 72.99% | 🇺🇸 USA |
 Williams-Sonoma WSM | 20.0 | 74.09% | 🇺🇸 USA |
 Stamps.com
STMP | N/A | N/A | 🇺🇸 USA |
 Big Lots
BIG | -0.1837 | -101.60% | 🇺🇸 USA |
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.