P/E ratio for OTP Bank (OTP.BD)
P/E ratio as of April 2024 (TTM): 5.23
According to OTP Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.23488. At the end of 2022 the company had a P/E ratio of 8.24.
P/E ratio history for OTP Bank from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.24 | -9.11% |
| 2021 | 9.07 | -21.85% |
| 2020 | 11.6 | 22.34% |
| 2019 | 9.49 | 5.81% |
| 2018 | 8.97 | -1% |
| 2017 | 9.06 | -18.32% |
| 2016 | 11.1 | -56.02% |
| 2015 | 25.2 | -379.65% |
| 2014 | -9.02 | -165.94% |
| 2013 | 13.7 | 82.71% |
| 2012 | 7.48 | 68.04% |
| 2011 | 4.45 | -3.14% |
| 2010 | 4.60 | 30.39% |
| 2009 | 3.53 | 190.78% |
| 2008 | 1.21 | -92.61% |
| 2007 | 16.4 | -18.66% |
| 2006 | 20.2 | -7.92% |
| 2005 | 21.9 |
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.