P/E ratio for Osisko Gold Royalties (OR)
P/E ratio as of May 2024 (TTM): -41.2
According to Osisko Gold Royalties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.1979. At the end of 2022 the company had a P/E ratio of -32.2.
P/E ratio history for Osisko Gold Royalties from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -32.2 | -68.68% |
| 2021 | -103 | -157.18% |
| 2020 | 180 | -2299.18% |
| 2019 | -8.17 | -54.66% |
| 2018 | -18.0 | -58.49% |
| 2017 | -43.4 | -235.92% |
| 2016 | 31.9 |
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.