According to OVB Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2002. At the end of 2023 the company had a P/E ratio of 18.8.
Year | P/E ratio | Change |
---|---|---|
2023 | 18.8 | -11.98% |
2022 | 21.4 | -6.02% |
2021 | 22.7 | -6.57% |
2020 | 24.3 | 5.82% |
2019 | 23.0 | -7.22% |
2018 | 24.8 | -4.56% |
2017 | 26.0 | 41.01% |
2016 | 18.4 | -28.53% |
2015 | 25.8 | -17.74% |
2014 | 31.3 | -15.7% |
2013 | 37.1 | -0.93% |
2012 | 37.5 | -42.17% |
2011 | 64.8 | -32.77% |
2010 | 96.4 | 72.95% |
2009 | 55.8 | 253.11% |
2008 | 15.8 | 13.52% |
2007 | 13.9 | -34% |
2006 | 21.1 |
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.