P/E ratio for Enviri Corporation (NVRI)
P/E ratio as of May 2024 (TTM): -9.58
According to Enviri Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.5814. At the end of 2022 the company had a P/E ratio of -2.78.
P/E ratio history for Enviri Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.78 | -99.33% |
| 2021 | -418 | 666.73% |
| 2020 | -54.5 | -1598.87% |
| 2019 | 3.64 | -68.88% |
| 2018 | 11.7 | -93.74% |
| 2017 | 187 | -1581.03% |
| 2016 | -12.6 | -111.19% |
| 2015 | 113 | -272.82% |
| 2014 | -65.1 | 555.33% |
| 2013 | -9.94 | 33.23% |
| 2012 | -7.46 | -94.92% |
| 2011 | -147 | -141.53% |
| 2010 | 354 | 1525.57% |
| 2009 | 21.8 | 126.58% |
| 2008 | 9.61 | -46.45% |
| 2007 | 17.9 | -45.05% |
| 2006 | 32.7 | 81.98% |
| 2005 | 17.9 | -5.01% |
| 2004 | 18.9 | -2.12% |
| 2003 | 19.3 | 23.79% |
| 2002 | 15.6 | -39.48% |
| 2001 | 25.8 |
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.