OTE Group
OTE.F
#2333
Rank
$6.12 B
Marketcap
$14.37
Share price
0.53%
Change (1 day)
3.16%
Change (1 year)

P/E ratio for OTE Group (OTE.F)

P/E ratio as of March 2024 (TTM): 33.5

According to OTE Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5157. At the end of 2018 the company had a P/E ratio of 26.2.

P/E ratio history for OTE Group from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201826.2-68.33%
201782.8166.62%
201631.19.08%
201528.570.54%
201416.713.43%
201314.7162.01%
20125.62-48.48%
201110.9-53.54%
201023.579.57%
200913.1
200718.5-14.72%
200621.7-171.95%
2005-30.1-181.37%
200437.0196.29%
200312.5-19.04%
200215.4-36.94%
200124.5

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.