Ocean Power Technologies Stock Price To Earning

OPTT Stock

USD 0.18 0.02 12.50%

Ocean Power Technologies fundamentals help investors to digest information that contributes to Ocean Power's financial success or failures. It also enables traders to predict the movement of Ocean Stock. The fundamental analysis module provides a way to measure Ocean Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ocean Power stock.

Short Long Term Debt Total Total Assets

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Ocean Power Technologies Company Price To Earning Analysis

Ocean Power's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Ocean Power Price To Earning

(0.59) X

Most of Ocean Power's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ocean Power Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ocean Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Ocean Power is extremely important. It helps to project a fair market value of Ocean Stock properly, considering its historical fundamentals such as Price To Earning. Since Ocean Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ocean Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ocean Power's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Current Deferred Revenue	Accounts Payable	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.6	-0.46	0.36	-0.1	0.14	-0.13	0.42	0.82	-0.07	0.5	0.71	0.74	0.72	-0.49	0.89	-0.15	0.63	0.2	0.51	0.91	0.86	0.73
Total Stockholder Equity	1.0		-0.62	-0.44	0.26	-0.13	0.11	-0.16	0.43	0.83	-0.04	0.47	0.69	0.72	0.71	-0.5	0.89	-0.14	0.61	0.16	0.51	0.92	0.89	0.71
Net Debt	-0.6	-0.62		0.1	0.04	0.14	0.24	0.26	0.24	-0.69	-0.09	0.31	-0.17	-0.15	-0.33	0.25	-0.64	0.21	-0.24	-0.02	-0.08	-0.59	-0.75	-0.2
Retained Earnings	-0.46	-0.44	0.1		-0.4	0.04	-0.55	0.26	0.16	0.06	0.15	-0.64	-0.78	-0.34	-0.58	0.9	-0.25	0.72	-0.81	-0.02	-0.46	-0.55	-0.32	-0.77
Total Liab	0.36	0.26	0.04	-0.4		0.21	0.39	0.16	0.08	0.06	-0.34	0.49	0.46	0.43	0.36	-0.13	0.19	-0.1	0.37	0.45	0.24	0.13	0.0	0.44
Current Deferred Revenue	-0.1	-0.13	0.14	0.04	0.21		-0.1	-0.18	0.01	-0.16	-0.32	-0.04	-0.18	-0.1	-0.25	-0.01	-0.25	-0.04	-0.16	0.06	-0.31	-0.2	-0.17	-0.15
Accounts Payable	0.14	0.11	0.24	-0.55	0.39	-0.1		0.05	-0.11	-0.18	0.15	0.7	0.72	0.54	0.45	-0.3	0.23	-0.09	0.5	-0.02	0.54	0.22	-0.12	0.64
Net Receivables	-0.13	-0.16	0.26	0.26	0.16	-0.18	0.05		0.22	-0.02	-0.06	0.06	-0.12	0.17	-0.03	0.41	-0.08	0.35	-0.17	-0.21	-0.15	-0.11	-0.13	-0.03
Short Term Investments	0.42	0.43	0.24	0.16	0.08	0.01	-0.11	0.22		0.51	0.03	0.5	0.21	0.53	0.3	0.08	0.39	0.4	0.14	0.13	0.25	0.33	0.32	0.27
Total Current Assets	0.82	0.83	-0.69	0.06	0.06	-0.16	-0.18	-0.02	0.51		0.2	0.13	0.35	0.58	0.54	-0.11	0.9	0.17	0.34	0.1	0.33	0.76	0.87	0.42
Short Term Debt	-0.07	-0.04	-0.09	0.15	-0.34	-0.32	0.15	-0.06	0.03	0.2		0.0	0.01	0.15	0.21	0.01	0.24	0.2	0.15	-0.2	0.46	0.14	0.13	0.1
Intangible Assets	0.5	0.47	0.31	-0.64	0.49	-0.04	0.7	0.06	0.5	0.13	0.0		0.84	0.77	0.66	-0.47	0.4	-0.08	0.67	0.12	0.65	0.5	0.19	0.82
Common Stock	0.71	0.69	-0.17	-0.78	0.46	-0.18	0.72	-0.12	0.21	0.35	0.01	0.84		0.76	0.81	-0.66	0.66	-0.33	0.84	0.06	0.64	0.76	0.5	0.96
Long Term Debt	0.74	0.72	-0.15	-0.34	0.43	-0.1	0.54	0.17	0.53	0.58	0.15	0.77	0.76		0.79	-0.24	0.78	0.28	0.57	0.16	0.73	0.67	0.49	0.78
Property Plant Equipment	0.72	0.71	-0.33	-0.58	0.36	-0.25	0.45	-0.03	0.3	0.54	0.21	0.66	0.81	0.79		-0.59	0.77	-0.11	0.86	0.11	0.64	0.76	0.64	0.88
Treasury Stock	-0.49	-0.5	0.25	0.9	-0.13	-0.01	-0.3	0.41	0.08	-0.11	0.01	-0.47	-0.66	-0.24	-0.59		-0.31	0.73	-0.81	0.04	-0.39	-0.65	-0.51	-0.69
Net Tangible Assets	0.89	0.89	-0.64	-0.25	0.19	-0.25	0.23	-0.08	0.39	0.9	0.24	0.4	0.66	0.78	0.77	-0.31		0.07	0.6	0.08	0.57	0.86	0.84	0.7
Long Term Debt Total	-0.15	-0.14	0.21	0.72	-0.1	-0.04	-0.09	0.35	0.4	0.17	0.2	-0.08	-0.33	0.28	-0.11	0.73	0.07		-0.52	0.16	0.08	-0.31	-0.26	-0.34
Capital Surpluse	0.63	0.61	-0.24	-0.81	0.37	-0.16	0.5	-0.17	0.14	0.34	0.15	0.67	0.84	0.57	0.86	-0.81	0.6	-0.52		-0.04	0.59	0.74	0.59	0.93
Deferred Long Term Liab	0.2	0.16	-0.02	-0.02	0.45	0.06	-0.02	-0.21	0.13	0.1	-0.2	0.12	0.06	0.16	0.11	0.04	0.08	0.16	-0.04		0.25	0.01	0.01	0.0
Short Long Term Debt	0.51	0.51	-0.08	-0.46	0.24	-0.31	0.54	-0.15	0.25	0.33	0.46	0.65	0.64	0.73	0.64	-0.39	0.57	0.08	0.59	0.25		0.52	0.33	0.67
Net Invested Capital	0.91	0.92	-0.59	-0.55	0.13	-0.2	0.22	-0.11	0.33	0.76	0.14	0.5	0.76	0.67	0.76	-0.65	0.86	-0.31	0.74	0.01	0.52		0.93	0.81
Net Working Capital	0.86	0.89	-0.75	-0.32	0.0	-0.17	-0.12	-0.13	0.32	0.87	0.13	0.19	0.5	0.49	0.64	-0.51	0.84	-0.26	0.59	0.01	0.33	0.93		0.59
Capital Stock	0.73	0.71	-0.2	-0.77	0.44	-0.15	0.64	-0.03	0.27	0.42	0.1	0.82	0.96	0.78	0.88	-0.69	0.7	-0.34	0.93	0.0	0.67	0.81	0.59

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Ocean Retained Earnings

Retained Earnings

(292.2 Million)

At this time, Ocean Power's Retained Earnings are comparatively stable compared to the past year.

Based on the latest financial disclosure, Ocean Power Technologies has a Price To Earning of -0.59 times. This is 102.98% lower than that of the Electrical Equipment sector and significantly lower than that of the Industrials industry. The price to earning for all United States stocks is 102.05% higher than that of the company.

Ocean Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ocean Power's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ocean Power could also be used in its relative valuation, which is a method of valuing Ocean Power by comparing valuation metrics of similar companies.

Ocean Power is currently under evaluation in price to earning category among its peers.

Ocean Power Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ocean Power from analyzing Ocean Power's financial statements. These drivers represent accounts that assess Ocean Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ocean Power's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	3.2M	75.3M	57.3M	28.6M	11.4M	18.9M
Enterprise Value	(5.4M)	(5.6M)	50.2M	23.6M	10.8M	5.5M

Ocean Fundamentals

	Return On Equity	-0.82
	Return On Asset	-0.44
	Operating Margin	(3.44) %
	Current Valuation	17.4 M
	Shares Outstanding	126.23 M
	Shares Owned By Insiders	2.89 %
	Shares Owned By Institutions	11.66 %
	Number Of Shares Shorted	3.98 M
	Price To Earning	(0.59) X
	Price To Book	0.88 X
	Price To Sales	3.54 X
	Revenue	5.53 M
	Gross Profit	(101 K)
	EBITDA	(28.24 M)
	Net Income	(27.48 M)
	Cash And Equivalents	51.9 M
	Cash Per Share	0.94 X
	Total Debt	2.57 M
	Debt To Equity	0.01 %
	Current Ratio	16.79 X
	Book Value Per Share	0.23 X
	Cash Flow From Operations	(29.76 M)
	Short Ratio	1.39 X
	Earnings Per Share	(0.40) X
	Target Price	6.0
	Number Of Employees	43
	Beta	2.19
	Market Capitalization	19.65 M
	Total Asset	28.7 M
	Retained Earnings	(307.58 M)
	Working Capital	3.18 M
	Current Asset	9.76 M
	Current Liabilities	6.17 M
	Net Asset	28.7 M

About Ocean Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ocean Power Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Power Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.

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