OLB Group
OLB
#8116
Rank
$10.42 M
Marketcap
$0.58
Share price
-1.69%
Change (1 day)
-39.35%
Change (1 year)

P/E ratio for OLB Group (OLB)

P/E ratio as of April 2024 (TTM): -1.00

According to OLB Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.00259. At the end of 2022 the company had a P/E ratio of -1.42.

P/E ratio history for OLB Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.42-62.44%
2021-3.79-77.01%
2020-16.5-72.56%
2019-60.034.34%
2018-44.71178.45%
2017-3.49-70.05%
2016-11.7174.5%
2015-4.25-80.45%
2014-21.781.14%
2013-12.0277.14%
2012-3.18

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.