Orient Overseas Container Line
0316.HK
#1462
Rank
NZ$20.65 B
Marketcap
$31.28
Share price
0.82%
Change (1 day)
12.93%
Change (1 year)

P/E ratio for Orient Overseas Container Line (0316.HK)

P/E ratio at the end of 2024: 29.8

According to Orient Overseas Container Line's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.2889. At the end of 2024 the company had a P/E ratio of 29.8.

P/E ratio history for Orient Overseas Container Line from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202429.8-43.42%
202352.6463.31%
20229.34-44.17%
202116.7-67.83%
202052.0190.99%
201917.9-94.09%
2018302-11.76%
2017343-475.92%
2016-91.2-212.46%
201581.1-21.08%
2014103-80.1%
2013516365.04%
2012111-28.61%
2011155524.92%
201024.9-145.27%
2009-54.9-243.5%
200838.3172.29%
200714.1-73.52%
200653.1111.59%
200525.1-6.41%
200426.8

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.