P/E ratio for Nichols plc (NICL.L)
P/E ratio at the end of 2023: 21.9
According to Nichols plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 21.9.
P/E ratio history for Nichols plc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 21.9 | -36.12% |
| 2022 | 34.3 | -253.93% |
| 2021 | -22.3 | -123.68% |
| 2020 | 94.2 | 364.31% |
| 2019 | 20.3 | 7.04% |
| 2018 | 19.0 | -15.34% |
| 2017 | 22.4 | -6.2% |
| 2016 | 23.9 | 21.53% |
| 2015 | 19.6 | 6.98% |
| 2014 | 18.4 | -20.21% |
| 2013 | 23.0 | 49.53% |
| 2012 | 15.4 | 32.48% |
| 2011 | 11.6 | -5.79% |
| 2010 | 12.3 | 22.38% |
| 2009 | 10.1 | -52.5% |
| 2008 | 21.2 | 133.62% |
| 2007 | 9.08 | 0.56% |
| 2006 | 9.03 | -37.51% |
| 2005 | 14.4 | -433.23% |
| 2004 | -4.33 | -123.11% |
| 2003 | 18.8 | -463.79% |
| 2002 | -5.16 | -164.31% |
| 2001 | 8.02 |
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.