P/E ratio for OneMain Financial (OMF)
P/E ratio as of April 2024 (TTM): 8.83
According to OneMain Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.82609. At the end of 2022 the company had a P/E ratio of 4.73.
P/E ratio history for OneMain Financial from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.73 | -6.35% |
| 2021 | 5.05 | -42.99% |
| 2020 | 8.87 | 32.25% |
| 2019 | 6.70 | -9.29% |
| 2018 | 7.39 | -61.04% |
| 2017 | 19.0 | 37.1% |
| 2016 | 13.8 | -160.63% |
| 2015 | -22.8 | -377.65% |
| 2014 | 8.22 | -108.96% |
| 2013 | -91.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 360 DigiTech QFIN | 5.19 | -41.20% | 🇨🇳 China |
 Rocket Companies
RKT | -67.8 | -868.44% | 🇺🇸 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.