P/E ratio for Neinor Homes (HOME.MC)
P/E ratio as of March 2025 (TTM): 22.3
According to Neinor Homes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2849. At the end of 2023 the company had a P/E ratio of 8.68.
P/E ratio history for Neinor Homes from 2020 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 8.68 | 37.27% |
| 2022 | 6.33 | -19.27% |
| 2021 | 7.84 | -31.72% |
| 2020 | 11.5 | -11.03% |
| 2019 | 12.9 | -41.1% |
| 2018 | 21.9 | -116.99% |
| 2017 | -129 |
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.