P/E ratio for Ottogi (007310.KS)
P/E ratio as of May 2024 (TTM): 5.10
According to Ottogi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.097. At the end of 2022 the company had a P/E ratio of 5.91.
P/E ratio history for Ottogi from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.91 | -40.4% |
| 2021 | 9.92 | -44.47% |
| 2020 | 17.9 | -4.02% |
| 2019 | 18.6 | 26.54% |
| 2018 | 14.7 | -28.32% |
| 2017 | 20.5 | 26.54% |
| 2016 | 16.2 | -59.05% |
| 2015 | 39.6 | 126.27% |
| 2014 | 17.5 | 18.97% |
| 2013 | 14.7 | 44.65% |
| 2012 | 10.2 | 18.63% |
| 2011 | 8.57 | 5.88% |
| 2010 | 8.10 | -4.48% |
| 2009 | 8.48 | |
| 2007 | 10.1 |
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.