Orient Overseas Container Line
0316.HK
#1288
Rank
$11.68 B
Marketcap
$17.70
Share price
0.80%
Change (1 day)
-16.86%
Change (1 year)

P/E ratio for Orient Overseas Container Line (0316.HK)

P/E ratio at the end of 2021: 2.14

According to Orient Overseas Container Line's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.58755. At the end of 2021 the company had a P/E ratio of 2.14.

P/E ratio history for Orient Overseas Container Line from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20212.14-67.95%
20206.67191.73%
20192.28-94.06%
201838.4-11.96%
201743.7-473.11%
2016-11.7-212.41%
201510.4-21.02%
201413.2-80.1%
201366.2365.83%
201214.2-28.62%
201119.9526.15%
20103.18-145.11%
2009-7.05-243.02%
20084.93174.73%
20071.80-73.58%
20066.80110.93%
20053.223.14%
20043.12

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.