According to Orrรถn Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.105406. At the end of 2022 the company had a P/E ratio of 0.0506.
Year | P/E ratio | Change |
---|---|---|
2022 | 0.0506 | -89.67% |
2021 | 0.4895 | 4.26% |
2020 | 0.4695 | 48.26% |
2019 | 0.3167 | -64.92% |
2018 | 0.9028 | 119.52% |
2017 | 0.4113 | -196.93% |
2016 | -0.4243 | 297.85% |
2015 | -0.1066 | -51.49% |
2014 | -0.2199 | -114.3% |
2013 | 1.54 | 19.34% |
2012 | 1.29 | 36.26% |
2011 | 0.9455 | 527.88% |
2010 | 0.1506 | -209.88% |
2009 | -0.1370 | -124.39% |
2008 | 0.5618 | 22.42% |
2007 | 0.4589 | -17.26% |
2006 | 0.5547 | 23.32% |
2005 | 0.4498 | 40.03% |
2004 | 0.3212 | 74.29% |
2003 | 0.1843 | -106.94% |
2002 | -2.65 |
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.