P/E ratio for Ollie's Bargain Outlet (OLLI)
P/E ratio as of May 2024 (TTM): 32.4
According to Ollie's Bargain Outlet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.4333. At the end of 2022 the company had a P/E ratio of 31.0.
P/E ratio history for Ollie's Bargain Outlet from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.0 | 64.83% |
| 2021 | 18.8 | -18.29% |
| 2020 | 23.0 | -21.35% |
| 2019 | 29.3 | 10.08% |
| 2018 | 26.6 | -33.05% |
| 2017 | 39.7 | 20.12% |
| 2016 | 33.1 | 15.18% |
| 2015 | 28.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kohl's
KSS | -23.5 | -172.34% | 🇺🇸 USA |
 Macy's
M | 7.01 | -78.38% | 🇺🇸 USA |
 Dillard's
DDS | 8.87 | -72.65% | 🇺🇸 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.