As at May 17, 2024, the OPRA stock has a PE ratio of 7.79. This is based on the current EPS of $1.7 and the stock price of $13.25 per share. A decrease of 52% has been recorded in the PE ratio compared to the average of 16.2 of the last four quarters.
The mean historical PE ratio of Opera over the last six years is 24.23. The current 7.79 P/E ratio is 68% lower than the historical average. In the past six years, OPRA's PE ratio peaked in the Dec 2022 quarter at 44.93, with a price of $6.29 and an EPS of $0.14. The Sep 2020 quarter marked the lowest point at 7.52, with a price of $9.78 and an EPS of $1.3.
Maximum annual increase: 57.13% in 2019
Maximum annual decrease: -82.88% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.69 | -82.88% |
| 2022 | 44.93 | N/A |
| 2021 | N/A | N/A |
| 2020 | 28.53 | 11.05% |
| 2019 | 25.69 | 57.13% |
| 2018 | 16.35 | N/A |
| 2017 | N/A | N/A |
The current PE ratio of OPRA is lower than the 3 and 5-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OPRA Opera Ltd | 7.79 | $1.16B |
| PGY Pagaya Technologies Ltd | N/A | $843.71M |
| PHR Phreesia Inc | N/A | $1.37B |
| PHUN Phunware Inc | N/A | $57.33M |
As of May 17, 2024, OPRA stock has a price to earnings ratio of 7.79.
Over the last 3 years, the average price to earnings ratio for OPRA stock is 21.27.
Over the last 5 years, the average price to earnings ratio for OPRA stock is 24.18.
Over the last six years, the quarterly PE ratio reached a historic high of 44.93 in the Dec 2022 quarter.
OPRA's current price to earnings ratio is 68% below its 6-year historical average.
OPRA's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 7.79 is considered low.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 17, 2024), Opera's stock price is $13.25. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.7. Therefore, Opera's PE ratio for today is 7.79. PE RATIO(7.79) = STOCK PRICE($13.25) / TTM EPS($1.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.