P/E ratio for Ottakringer Getränke (OTS.VI)
P/E ratio at the end of 2021: 369
According to Ottakringer Getränke's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 233.303. At the end of 2021 the company had a P/E ratio of 369.
P/E ratio history for Ottakringer Getränke from 2008 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 369 | -711.64% |
| 2020 | -60.3 | -276.21% |
| 2019 | 34.2 | 12.43% |
| 2018 | 30.4 | -7.6% |
| 2017 | 32.9 | -6.83% |
| 2016 | 35.4 | 27.88% |
| 2015 | 27.6 | -19.1% |
| 2014 | 34.2 | 61.52% |
| 2013 | 21.2 | 8.15% |
| 2012 | 19.6 | 1.57% |
| 2011 | 19.3 | -19.35% |
| 2010 | 23.9 | 7.62% |
| 2009 | 22.2 | 74.64% |
| 2008 | 12.7 |
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.