P/E ratio for Navigator Global Investments (NGI.AX)
P/E ratio at the end of 2023: 8.16
According to Navigator Global Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3075. At the end of 2023 the company had a P/E ratio of 8.16.
P/E ratio history for Navigator Global Investments from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 8.16 | 44.82% |
| 2022 | 5.63 | -43.43% |
| 2021 | 9.95 | 2.69% |
| 2020 | 9.69 | -55.23% |
| 2019 | 21.7 | -138.41% |
| 2018 | -56.4 | -414.35% |
| 2017 | 17.9 | -18.03% |
| 2016 | 21.9 | 1004.56% |
| 2015 | 1.98 | -81.32% |
| 2014 | 10.6 | -51.11% |
| 2013 | 21.7 | 18.36% |
| 2012 | 18.3 | 1.45% |
| 2011 | 18.1 | 21.93% |
| 2010 | 14.8 | -11008.76% |
| 2009 | -0.1357 | -101.83% |
| 2008 | 7.43 | -66.57% |
| 2007 | 22.2 | -168.07% |
| 2006 | -32.6 |
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.