OPTT
Price:
$0.349
Market Cap:
$90.06M
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2007-04-25
Stock Exchange
AMEX
Ticker
OPTT
According to Ocean Power Technologies, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.87. This represents a change of 27.91% compared to the average of -0.68 of the last 4 quarters.
The mean historical PE Ratio of Ocean Power Technologies, Inc. over the last ten years is -1.32. The current -0.87 PE Ratio has changed 6.48% with respect to the historical average. Over the past ten years (40 quarters), OPTT's PE Ratio was at its highest in in the April 2016 quarter at -0.22. The PE Ratio was at its lowest in in the January 2021 quarter at -11.74.
Average
-1.32
Median
-0.70
Minimum
-4.76
Maximum
-0.26
Discovering the peaks and valleys of Ocean Power Technologies, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.43%
Maximum Annual PE Ratio = -0.26
Minimum Annual Increase = -82.42%
Minimum Annual PE Ratio = -4.76
Year | PE Ratio | Change |
---|---|---|
2024 | -0.41 | -61.84% |
2023 | -1.09 | -64.19% |
2022 | -3.03 | -36.21% |
2021 | -4.76 | 1.43% |
2020 | -0.31 | 6.41% |
2019 | -0.29 | -82.42% |
2018 | -1.66 | 151.81% |
2017 | -0.66 | 153.30% |
2016 | -0.26 | -65.11% |
2015 | -0.75 | -74.80% |
The current PE Ratio of Ocean Power Technologies, Inc. (OPTT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-1.51
5-year avg
-1.92
10-year avg
-1.32
Ocean Power Technologies, Inc.’s PE Ratio is greater than Pioneer Power Solutions, Inc. (-8.99), less than CBAK Energy Technology, Inc. (7.23), greater than Ideal Power Inc. (-5.37), less than Expion360 Inc. (-0.05), greater than Polar Power, Inc. (-1.57), greater than Eos Energy Enterprises, Inc. (-1.22), greater than FuelCell Energy, Inc. (-47.36), less than EnerSys (13.33), greater than Flux Power Holdings, Inc. (-4.05), greater than NeoVolta Inc. (-55.14), greater than Enovix Corporation (-7.27), greater than ESS Tech, Inc. (-0.95), greater than FREYR Battery (-2.46), greater than Microvast Holdings, Inc. (-3.68), greater than Eos Energy Enterprises, Inc. (-1.22),
Company | PE Ratio | Market cap |
---|---|---|
-8.99 | $64.97M | |
7.23 | $83.35M | |
-5.37 | $51.01M | |
-0.05 | $4.59M | |
-1.57 | $7.50M | |
-1.22 | $639.57M | |
-47.36 | $220.47M | |
13.33 | $3.83B | |
-4.05 | $28.79M | |
-55.14 | $157.11M | |
-7.27 | $1.90B | |
-0.95 | $75.31M | |
-2.46 | $264.12M | |
-3.68 | $423.60M | |
-1.22 | $524.07M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Ocean Power Technologies, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Ocean Power Technologies, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Ocean Power Technologies, Inc.'s PE Ratio?
How is the PE Ratio calculated for Ocean Power Technologies, Inc. (OPTT)?
What is the highest PE Ratio for Ocean Power Technologies, Inc. (OPTT)?
What is the 3-year average PE Ratio for Ocean Power Technologies, Inc. (OPTT)?
What is the 5-year average PE Ratio for Ocean Power Technologies, Inc. (OPTT)?
How does the current PE Ratio for Ocean Power Technologies, Inc. (OPTT) compare to its historical average?