Latest P/E ratio for Ocean Power Technologies: -0.14 — see history and peer comparisons.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Ocean Power Technologies (OPTT) currently reports a P/E ratio of -0.14. That is below the Industrials sector average of 28.45. Use the charts on this page to explore Ocean Power Technologies's P/E ratio history and peer comparisons.
Ocean Power Technologies's P/E ratio of -0.14 is lower than the Industrials sector average of 28.45. That is roughly 100.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Ocean Power Technologies's market price to a fundamental measure such as earnings, sales, or book value. At -0.14, OPTT can look expensive or cheap only in context — versus its own history, growth rate, and Industrials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of -0.14, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 28.45. From there, open related valuation or income-statement pages for Ocean Power Technologies, and consider following OPTT for alerts when major investors trade the stock.
Ocean Power Technologies is classified in the Industrials sector. On P/E ratio, it currently shows -0.14 versus a sector average near 28.45. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing OPTT with unrelated industries.