NexPoint Residential
NXRT
#3986
Rank
C$3.31 B
Marketcap
$64.47
Share price
0.90%
Change (1 day)
51.64%
Change (1 year)

P/E ratio for NexPoint Residential (NXRT)

P/E ratio as of November 2024 (TTM): 39.8

According to NexPoint Residential 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.75. At the end of 2022 the company had a P/E ratio of -124.

P/E ratio history for NexPoint Residential from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-124-236.46%
202191.1279.04%
202024.0116.36%
201911.1-102.54%
2018-438-4067.27%
201711.0-49.12%
201621.7-184.56%
2015-25.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
68.5 72.22%๐Ÿ‡บ๐Ÿ‡ธ USA
84.7 112.98%๐Ÿ‡บ๐Ÿ‡ธ USA
99.3 149.71%๐Ÿ‡บ๐Ÿ‡ธ USA
132 233.25%๐Ÿ‡บ๐Ÿ‡ธ USA

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.