P/E ratio for Orrön Energy (ORRON.ST)
P/E ratio as of May 2024 (TTM): -0.1551
According to Orrön Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.155126. At the end of 2022 the company had a P/E ratio of 0.0506.
P/E ratio history for Orrön Energy from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.0506 | -99.76% |
| 2021 | 21.0 | 4.26% |
| 2020 | 20.1 | 48.26% |
| 2019 | 13.6 | -64.92% |
| 2018 | 38.7 | 119.52% |
| 2017 | 17.6 | -196.93% |
| 2016 | -18.2 | 297.85% |
| 2015 | -4.57 | -51.49% |
| 2014 | -9.42 | -114.3% |
| 2013 | 65.9 | 19.34% |
| 2012 | 55.2 | 36.26% |
| 2011 | 40.5 | 527.88% |
| 2010 | 6.45 | -209.88% |
| 2009 | -5.87 | -124.39% |
| 2008 | 24.1 | 22.42% |
| 2007 | 19.7 | -17.26% |
| 2006 | 23.8 | 23.32% |
| 2005 | 19.3 | 40.03% |
| 2004 | 13.8 | 74.29% |
| 2003 | 7.89 | -106.94% |
| 2002 | -114 |
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.