P/E ratio for NEXTDC (NXT.AX)
P/E ratio at the end of 2022: 778
According to NEXTDC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 877.479. At the end of 2022 the company had a P/E ratio of 778.
P/E ratio history for NEXTDC from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 778 | -326.78% |
| 2021 | -343 | 205.35% |
| 2020 | -112 | -65.62% |
| 2019 | -327 | -171.91% |
| 2018 | 454 | 534.92% |
| 2017 | 71.5 | -87.62% |
| 2016 | 578 | -1066.56% |
| 2015 | -59.8 | 297.3% |
| 2014 | -15.0 | -93.31% |
| 2013 | -225 | 840.91% |
| 2012 | -23.9 | -47.65% |
| 2011 | -45.7 |
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.