P/E ratio for OHB SE (OHB.DE)
P/E ratio as of April 2024 (TTM): 24.9
According to OHB SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.948. At the end of 2022 the company had a P/E ratio of 17.3.
P/E ratio history for OHB SE from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.3 | -23.9% |
| 2021 | 22.8 | -29.17% |
| 2020 | 32.2 | 8.7% |
| 2019 | 29.6 | 32.38% |
| 2018 | 22.4 | -32.86% |
| 2017 | 33.3 | 129.87% |
| 2016 | 14.5 | -16.4% |
| 2015 | 17.3 | 30.17% |
| 2014 | 13.3 | -15.05% |
| 2013 | 15.7 | -11.91% |
| 2012 | 17.8 | 21.71% |
| 2011 | 14.6 | -51.58% |
| 2010 | 30.2 | 158.7% |
| 2009 | 11.7 |
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.