P/E ratio for Onex (ONEX.TO)
P/E ratio as of June 2023 (TTM): 11.4
According to Onex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4023. At the end of 2021 the company had a P/E ratio of 4.67.
P/E ratio history for Onex from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.67 | -34.02% |
| 2020 | 7.08 | 396.22% |
| 2019 | 1.43 | -117.25% |
| 2018 | -8.27 | -384.92% |
| 2017 | 2.90 | -105.37% |
| 2016 | -54.0 | 361.58% |
| 2015 | -11.7 | -75.58% |
| 2014 | -47.9 | 254.38% |
| 2013 | -13.5 | -54.24% |
| 2012 | -29.6 | -1463.15% |
| 2011 | 2.17 | -104.17% |
| 2010 | -52.0 | -362.73% |
| 2009 | 19.8 | -384.82% |
| 2008 | -6.95 | -148.18% |
| 2007 | 14.4 | 345.91% |
| 2006 | 3.24 | 38.43% |
| 2005 | 2.34 | -96.71% |
| 2004 | 71.1 | -1182.37% |
| 2003 | -6.57 | -68.33% |
| 2002 | -20.7 |
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.