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 1.20939. 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 |
|---|---|---|
| 2021 | 2.14 | -68.02% |
| 2020 | 6.70 | 192.34% |
| 2019 | 2.29 | -94.06% |
| 2018 | 38.5 | -11.96% |
| 2017 | 43.8 | -473.11% |
| 2016 | -11.7 | -212.41% |
| 2015 | 10.4 | -21.02% |
| 2014 | 13.2 | -80.1% |
| 2013 | 66.4 | 364.85% |
| 2012 | 14.3 | -28.47% |
| 2011 | 20.0 | 526.15% |
| 2010 | 3.19 | -145.11% |
| 2009 | -7.07 | -243.02% |
| 2008 | 4.95 | 174.73% |
| 2007 | 1.80 | -73.58% |
| 2006 | 6.81 | 110.93% |
| 2005 | 3.23 | -6.19% |
| 2004 | 3.44 |
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.