P/E ratio for Orora Limited (ORA.AX)
P/E ratio at the end of 2024: 13.1
According to Orora Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7167. At the end of 2024 the company had a P/E ratio of 13.1.
P/E ratio history for Orora Limited from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 13.1 | -10.98% |
| 2023 | 14.7 | -10.13% |
| 2022 | 16.4 | -16.37% |
| 2021 | 19.6 | 85.46% |
| 2020 | 10.6 | -53.16% |
| 2019 | 22.5 | 25.97% |
| 2018 | 17.9 | 3.5% |
| 2017 | 17.3 | 2.02% |
| 2016 | 16.9 | 6.6% |
| 2015 | 15.9 | -219.71% |
| 2014 | -13.3 |
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.