According to OTE Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.944. At the end of 2018 the company had a P/E ratio of 26.2.
Year | P/E ratio | Change |
---|---|---|
2018 | 26.2 | -68.33% |
2017 | 82.8 | 166.62% |
2016 | 31.1 | 9.08% |
2015 | 28.5 | 70.54% |
2014 | 16.7 | 13.43% |
2013 | 14.7 | 162.01% |
2012 | 5.62 | -48.48% |
2011 | 10.9 | -53.54% |
2010 | 23.5 | 79.57% |
2009 | 13.1 | 36.64% |
2008 | 9.57 | -48.24% |
2007 | 18.5 | -14.72% |
2006 | 21.7 | -171.95% |
2005 | -30.1 | -181.37% |
2004 | 37.0 | 196.29% |
2003 | 12.5 | -19.04% |
2002 | 15.4 | -36.94% |
2001 | 24.5 |
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.