P/E ratio for OPAP (Organization of Football Prognostics) (OPAP.AT)
P/E ratio as of April 2024 (TTM): 9.08
According to OPAP (Organization of Football Prognostics)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.07561. At the end of 2022 the company had a P/E ratio of 7.92.
P/E ratio history for OPAP (Organization of Football Prognostics) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.92 | -52.19% |
| 2021 | 16.6 | -7.03% |
| 2020 | 17.8 | -2.28% |
| 2019 | 18.2 | 8.26% |
| 2018 | 16.8 | -36.34% |
| 2017 | 26.5 | 68.3% |
| 2016 | 15.7 | 28.23% |
| 2015 | 12.3 | -15.82% |
| 2014 | 14.6 | -34.28% |
| 2013 | 22.2 | 540.69% |
| 2012 | 3.46 | -14.69% |
| 2011 | 4.05 | -43.45% |
| 2010 | 7.17 | -13.35% |
| 2009 | 8.27 |
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.