P/E ratio for Oil-Dri Corporation Of America (ODC)
P/E ratio as of May 2024 (TTM): 20.5
According to Oil-Dri Corporation Of America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.5275. At the end of 2022 the company had a P/E ratio of 21.5.
P/E ratio history for Oil-Dri Corporation Of America from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.5 | -27.09% |
| 2021 | 29.5 | 138.8% |
| 2020 | 12.3 | -25.4% |
| 2019 | 16.6 | -44.41% |
| 2018 | 29.8 | 26.28% |
| 2017 | 23.6 | -6.2% |
| 2016 | 25.1 | 52.21% |
| 2015 | 16.5 | -41.79% |
| 2014 | 28.4 | 49.97% |
| 2013 | 18.9 | -0.6% |
| 2012 | 19.0 | 4.82% |
| 2011 | 18.2 | 18.63% |
| 2010 | 15.3 | 33.21% |
| 2009 | 11.5 | -21.26% |
| 2008 | 14.6 | -10.87% |
| 2007 | 16.4 | -8.43% |
| 2006 | 17.9 | 24.25% |
| 2005 | 14.4 | -28.87% |
| 2004 | 20.2 | 2.47% |
| 2003 | 19.7 | -139.35% |
| 2002 | -50.2 | -186.05% |
| 2001 | 58.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Clorox CLX | 199 | 871.73% | 🇺🇸 USA |
 International Game Technology IGT | 39.0 | 90.08% | 🇬🇧 UK |
 Brady BRC | 17.7 | -13.90% | 🇺🇸 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.