P/E ratio for OSI Systems (OSIS)
P/E ratio as of October 2023 (TTM): 21.6
According to OSI Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.605. At the end of 2021 the company had a P/E ratio of 20.0.
P/E ratio history for OSI Systems from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.0 | -24.93% |
| 2020 | 26.6 | 13.47% |
| 2019 | 23.5 | -35.86% |
| 2018 | 36.6 | -162.8% |
| 2017 | -58.3 | -184.18% |
| 2016 | 69.2 | 84.17% |
| 2015 | 37.6 | 50.83% |
| 2014 | 24.9 | 9.02% |
| 2013 | 22.9 | -15.17% |
| 2012 | 26.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 29.2 | 35.13% | 🇺🇸 USA |
 General Electric GE | 13.6 | -36.83% | 🇺🇸 USA |
 Leidos LDOS | 17.9 | -17.33% | 🇺🇸 USA |
 Cardinal Health CAH | 86.0 | 297.87% | 🇺🇸 USA |
 Philips PHG | -8.94 | -141.38% | 🇳🇱 Netherlands |
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.