Omni Bridgeway
OBL.AX
#7955
Rank
HK$2.30 B
Marketcap
HK$7.96
Share price
-0.64%
Change (1 day)
59.85%
Change (1 year)

P/E ratio for Omni Bridgeway (OBL.AX)

P/E ratio at the end of 2024: -3.25

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.92585. At the end of 2024 the company had a P/E ratio of -3.25.

P/E ratio history for Omni Bridgeway from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-3.25-85.64%
2023-22.620.29%
2022-18.8-41.66%
2021-32.2-63.17%
2020-87.5499.97%
2019-14.6-63.94%
2018-40.5-335.65%
201717.279.55%
20169.56-69.27%
201531.189.87%
201416.487.08%
20138.76346.49%
20121.96-45.99%
20113.63-56.64%
20108.3859.28%
20095.26203.12%
20081.74-69.15%
20075.62-114.9%
2006-37.8135.86%
2005-16.0-190.65%
200417.71336.83%
20031.23-118.26%
2002-6.731623.72%
2001-0.3904

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.