Nilfisk Holding
NLFSK.CO
#7115
Rank
โ‚ฌ0.39 B
Marketcap
14,42ย โ‚ฌ
Share price
1.13%
Change (1 day)
-6.54%
Change (1 year)

P/E ratio for Nilfisk Holding (NLFSK.CO)

P/E ratio as of December 2024 (TTM): 9.62

According to Nilfisk Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.61519. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Nilfisk Holding from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.3-11%
202114.9-108.23%
2020-181-403.98%
201959.6-21.2%
201875.6116.53%
201734.9

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.