P/E ratio for NRJ Group (NRG.PA)
P/E ratio at the end of 2023: 11.4
According to NRJ Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2957. At the end of 2023 the company had a P/E ratio of 11.4.
P/E ratio history for NRJ Group from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 11.4 | -18.5% |
| 2022 | 14.0 | 2.73% |
| 2021 | 13.7 | 44.85% |
| 2020 | 9.44 | -56.61% |
| 2019 | 21.8 | -6.2% |
| 2018 | 23.2 | -20.66% |
| 2017 | 29.2 | 38.46% |
| 2016 | 21.1 | -32.13% |
| 2015 | 31.1 | -29.97% |
| 2014 | 44.4 | 117.65% |
| 2013 | 20.4 | 112.04% |
| 2012 | 9.63 | 5.72% |
| 2011 | 9.11 | -41.43% |
| 2010 | 15.5 | -61.02% |
| 2009 | 39.9 | -153.38% |
| 2008 | -74.7 | -1014.02% |
| 2007 | 8.17 | -51.19% |
| 2006 | 16.7 | 29.5% |
| 2005 | 12.9 | -19.48% |
| 2004 | 16.1 |
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.