OYAK ร‡imento
OYAKC.IS
#3844
Rank
$2.63 B
Marketcap
$2.11
Share price
0.00%
Change (1 day)
-1.21%
Change (1 year)

P/E ratio for OYAK ร‡imento (OYAKC.IS)

P/E ratio as of December 2024 (TTM): 7.71

According to OYAK ร‡imento's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.70983. At the end of 2022 the company had a P/E ratio of 5.43.

P/E ratio history for OYAK ร‡imento from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.43-56.69%
202112.5-57.3%
202029.4
20159.255.16%
20148.80-0.89%
20138.88-43.49%
201215.7101.56%
20117.79-26.76%
201010.6

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.