P/E ratio for OZ Minerals (OZL.AX)
P/E ratio at the end of 2022: 66.0
According to OZ Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.3394. At the end of 2022 the company had a P/E ratio of 66.0.
P/E ratio history for OZ Minerals from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 66.0 | 166.54% |
| 2021 | 24.7 | -34.19% |
| 2020 | 37.6 | 25.56% |
| 2019 | 29.9 | 74.78% |
| 2018 | 17.1 | 12.95% |
| 2017 | 15.2 | -50.52% |
| 2016 | 30.7 | 138.31% |
| 2015 | 12.9 | -51.88% |
| 2014 | 26.7 | -854.08% |
| 2013 | -3.54 | -126.62% |
| 2012 | 13.3 | 16.24% |
| 2011 | 11.5 | 24.7% |
| 2010 | 9.19 | -215.12% |
| 2009 | -7.98 | 970.75% |
| 2008 | -0.7453 | -103.69% |
| 2007 | 20.2 | 102.07% |
| 2006 | 9.98 | -73.15% |
| 2005 | 37.2 | -104.41% |
| 2004 | -842 | -562.62% |
| 2003 | 182 | -484.29% |
| 2002 | -47.4 | 37.5% |
| 2001 | -34.5 |
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.