NEXTDC
NXT.AX
#2947
Rank
C$7.36 B
Marketcap
C$11.48
Share price
0.40%
Change (1 day)
-14.74%
Change (1 year)

P/E ratio for NEXTDC (NXT.AX)

P/E ratio at the end of 2024: -212

According to NEXTDC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -150.818. At the end of 2024 the company had a P/E ratio of -212.

P/E ratio history for NEXTDC from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-212-7.88%
2023-230-143.54%
2022527-325.75%
2021-234207.34%
2020-76.0-65.77%
2019-222-171.96%
2018309533.93%
201748.7-87.64%
2016394-1071.94%
2015-40.5296.73%
2014-10.2-93.32%
2013-153841.21%
2012-16.3-47.54%
2011-31.0

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.