P/E ratio for Össur (OSSR.CO)
P/E ratio as of May 2024 (TTM): 35.0
According to Össur's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.96. At the end of 2022 the company had a P/E ratio of 47.4.
P/E ratio history for Össur from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.4 | 14.74% |
| 2021 | 41.3 | -90.67% |
| 2020 | 442 | 774.26% |
| 2019 | 50.6 | 95.43% |
| 2018 | 25.9 | -18.52% |
| 2017 | 31.8 | 3.51% |
| 2016 | 30.7 | 2.53% |
| 2015 | 29.9 | 35.68% |
| 2014 | 22.1 | 3.3% |
| 2013 | 21.4 | 36.76% |
| 2012 | 15.6 | -16.73% |
| 2011 | 18.8 |
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.