Orion Corporation
ORNAV.HE
#2321
Rank
$5.44 B
Marketcap
$38.86
Share price
0.28%
Change (1 day)
-18.84%
Change (1 year)

P/E ratio for Orion Corporation (ORNAV.HE)

P/E ratio as of September 2023 (TTM): 17.5

According to Orion Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.5271. At the end of 2019 the company had a P/E ratio of 28.8.

P/E ratio history for Orion Corporation from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201928.8118.03%
201813.2-34.01%
201720.0-15.81%
201623.810.7%
201521.5

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.