According to Nordex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.56491. At the end of 2022 the company had a P/E ratio of -4.85.
Year | P/E ratio | Change |
---|---|---|
2022 | -4.85 | -35.53% |
2021 | -7.52 | -63.05% |
2020 | -20.4 | 21.9% |
2019 | -16.7 | 81.68% |
2018 | -9.19 | -99.32% |
2017 | < -1000 | -7193.49% |
2016 | 18.9 | -63.14% |
2015 | 51.4 | 59.89% |
2014 | 32.1 | -53.08% |
2013 | 68.5 | -2916.1% |
2012 | -2.43 | -57.99% |
2011 | -5.79 | -143.16% |
2010 | 13.4 | -53.92% |
2009 | 29.1 |
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.