P/E ratio for Norcros (NXR.L)
P/E ratio at the end of 2024: 6.37
According to Norcros's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 694.984. At the end of 2024 the company had a P/E ratio of 6.37.
P/E ratio history for Norcros from 2007 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 6.37 | -35.87% |
| 2023 | 9.93 | 21.49% |
| 2022 | 8.17 | -36.41% |
| 2021 | 12.9 | 30.08% |
| 2020 | 9.88 | 28.21% |
| 2019 | 7.71 | -35.62% |
| 2018 | 12.0 | 4.51% |
| 2017 | 11.5 | 65.32% |
| 2016 | 6.93 | -33.2% |
| 2015 | 10.4 | -0.4% |
| 2014 | 10.4 | 9.62% |
| 2013 | 9.50 | 89.36% |
| 2012 | 5.02 | -41.46% |
| 2011 | 8.57 | -625.28% |
| 2010 | -1.63 | 30.2% |
| 2009 | -1.25 | -141.35% |
| 2008 | 3.03 | 107.4% |
| 2007 | 1.46 |
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.