According to Ormat Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72.5812. At the end of 2021 the company had a P/E ratio of 71.4.
Year | P/E ratio | Change |
---|---|---|
2021 | 71.4 | 31.36% |
2020 | 54.4 | 26.99% |
2019 | 42.8 | 58.04% |
2018 | 27.1 | 9.35% |
2017 | 24.8 | -12.18% |
2016 | 28.2 | 88.81% |
2015 | 14.9 | -34.56% |
2014 | 22.8 | -17.74% |
2013 | 27.8 | -756.69% |
2012 | -4.23 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() AES AES | -25.8 | -135.55% | ๐บ๐ธ USA |
![]() Edison International
EIX | 49.3 | -32.01% | ๐บ๐ธ USA |
![]() NRG Energy
NRG | 8.93 | -87.69% | ๐บ๐ธ USA |
![]() Covanta CVA | N/A | N/A | ๐บ๐ธ USA |
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.