Nexstim
NXTMH.HE
#9445
Rank
A$56.39 M
Marketcap
$8.34
Share price
1.98%
Change (1 day)
97.51%
Change (1 year)
Categories

P/E ratio for Nexstim (NXTMH.HE)

P/E ratio at the end of 2022: 20.6

According to Nexstim's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 20.6.

P/E ratio history for Nexstim from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.6-160.19%
2021-34.1437.63%
2020-6.355382.48%
2019-0.115896.26%
2018-0.0590-98.02%
2017-2.98948.99%
2016-0.2839-93.98%
2015-4.7281.71%
2014-2.59

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.