Neinor Homes
HOME.MC
#5242
Rank
A$1.82 B
Marketcap
$24.51
Share price
0.66%
Change (1 day)
38.62%
Change (1 year)

P/E ratio for Neinor Homes (HOME.MC)

P/E ratio as of November 2024 (TTM): 21.5

According to Neinor Homes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.4722. 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
20238.6837.27%
20226.33-19.27%
20217.84-31.72%
202011.5-11.03%
201912.9-41.1%
201821.9-116.99%
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.