Orthofix Medical
OFIX
#6064
Rank
$0.47 B
Marketcap
$12.68
Share price
-0.16%
Change (1 day)
-33.37%
Change (1 year)
Categories

P/E ratio for Orthofix Medical (OFIX)

P/E ratio as of June 2024 (TTM): -3.46

According to Orthofix Medical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.46448. At the end of 2022 the company had a P/E ratio of -20.9.

P/E ratio history for Orthofix Medical from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-20.930.72%
2021-16.0-104.47%
2020358-1271.14%
2019-30.6-142.53%
201871.9-55.31%
2017161-24.41%
2016213-181.42%
2015-261221.75%
2014-81.2476.75%
2013-14.1-196.34%
201214.6-141.92%
2011-34.9-403.11%
201011.5-46.79%
200921.6-1984.99%
2008-1.15-101.29%
200789.2-176.7%
2006-116-1437.98%
20058.69-50.63%
200417.6-37.1%
200328.094.95%
200214.4-37.31%
200122.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.3-1,552.29%๐Ÿ‡บ๐Ÿ‡ธ USA
73.6-2,224.74%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6-751.38%๐Ÿ‡ฌ๐Ÿ‡ง UK
32.6-1,041.20%๐Ÿ‡บ๐Ÿ‡ธ USA

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.