OPC Energy
OPCE.TA
#4404
Rank
$1.60 B
Marketcap
$7.08
Share price
-0.85%
Change (1 day)
-0.70%
Change (1 year)

P/E ratio for OPC Energy (OPCE.TA)

P/E ratio as of April 2024 (TTM): 39.9

According to OPC Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.8835. At the end of 2022 the company had a P/E ratio of 47.3.

P/E ratio history for OPC Energy from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202247.3-249.95%
2021-31.6-60.73%
2020-80.4-277.15%
201945.437.71%
201832.9-50.03%
201765.9

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.