Oportun Financial
OPRT
#8635
Rank
$0.11 B
Marketcap
$3.08
Share price
4.41%
Change (1 day)
18.01%
Change (1 year)

P/E ratio for Oportun Financial (OPRT)

P/E ratio as of November 2024 (TTM): -0.4512

According to Oportun Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.451237. At the end of 2022 the company had a P/E ratio of -2.38.

P/E ratio history for Oportun Financial from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.38-119.7%
202112.1-203.48%
2020-11.6164.11%
2019-4.41

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.