According to Olam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1618. At the end of 2018 the company had a P/E ratio of 18.5.
Year | P/E ratio | Change |
---|---|---|
2018 | 18.5 | 64.33% |
2017 | 11.3 | -36.25% |
2016 | 17.7 | -74.54% |
2015 | 69.4 | 693.9% |
2014 | 8.75 | -24.72% |
2013 | 11.6 | 16.64% |
2012 | 9.96 | -16% |
2011 | 11.9 | -37.77% |
2010 | 19.1 |
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.