Olam
VC2.SI
#3248
Rank
$3.27 B
Marketcap
$0.82
Share price
-4.27%
Change (1 day)
-33.33%
Change (1 year)

P/E ratio for Olam (VC2.SI)

P/E ratio as of April 2024 (TTM): 14.7

According to Olam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6737. At the end of 2018 the company had a P/E ratio of 18.5.

P/E ratio history for Olam from 2010 to 2019

PE ratio at the end of each year

Year P/E ratio Change
201818.564.33%
201711.3-36.25%
201617.7-74.54%
201569.4693.9%
20148.75-24.72%
201311.616.64%
20129.96-16%
201111.9-37.77%
201019.1

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.