Olimpo Real Estate
YORE.MC
#8286
Rank
A$0.35 B
Marketcap
A$1.81
Share price
0.00%
Change (1 day)
20.42%
Change (1 year)

P/E ratio for Olimpo Real Estate (YORE.MC)

P/E ratio at the end of 2023: 27.8

According to Olimpo Real Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.838. At the end of 2023 the company had a P/E ratio of 27.8.

P/E ratio history for Olimpo Real Estate from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202327.8-25.4%
202237.2131.34%
202116.1-94.73%
20203051779.08%
201916.3-61.39%
201842.1-80.54%
2017216

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.