Orion Corporation
ORNAV.HE
#2369
Rank
$5.94 B
Marketcap
$42.19
Share price
3.54%
Change (1 day)
-0.94%
Change (1 year)

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

P/E ratio as of June 2024 (TTM): 31.7

According to Orion Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.6772. At the end of 2022 the company had a P/E ratio of 20.5.

P/E ratio history for Orion Corporation from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.5-22.12%
202126.410.62%
202023.8-17.39%
201928.8118.96%
201813.2-34.29%
201720.0-15.81%
201623.810.7%
201521.528.03%
201416.88.96%
201315.42.78%
201215.047.23%
201110.2-18.62%
201012.5-10.22%
200913.9

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.