Nornickel
GMKN.ME
#883
Rank
C$36.30 B
Marketcap
C$2.39
Share price
0.37%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Nornickel (GMKN.ME)

P/E ratio at the end of 2021: > 1000

According to Nornickel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of > 1000.

P/E ratio history for Nornickel from 2010 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021> 1000-52.25%
2020> 1000118.32%
2019> 1000-19.49%
2018> 1000-16.48%
2017> 100027.94%
2016> 1000-24.36%
2015> 100030.92%
2014> 1000-42.2%
2013> 1000169.81%
2012> 100072.65%
2011> 1000-37.9%
2010> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Freeport-McMoRan
FCX
31.1N/A๐Ÿ‡บ๐Ÿ‡ธ USA
BHP Group
BHP
11.6N/A๐Ÿ‡ฆ๐Ÿ‡บ Australia
Vale
VALE
6.71N/A๐Ÿ‡ง๐Ÿ‡ท Brazil

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.