National Industries Group Holding
NIND.KW
#4355
Rank
A$3.06 B
Marketcap
$1,294
Share price
-0.80%
Change (1 day)
43.26%
Change (1 year)

P/E ratio for National Industries Group Holding (NIND.KW)

P/E ratio as of December 2024 (TTM): > 1000

According to National Industries Group Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 383412. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for National Industries Group Holding from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000170.12%
2021> 1000-196.82%
2020< -1000-173.18%
2019> 1000-33.65%
2018> 100032.61%
2017> 1000-223.5%
2016< -1000-202.22%
2015> 1000-26.54%
2014> 1000-69.93%
2013> 1000-50.71%
2012> 1000

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.