Northern Data AG
NB2.DE
#8147
Rank
ยฃ0.25 B
Marketcap
ยฃ3.98
Share price
-5.10%
Change (1 day)
-80.15%
Change (1 year)

P/E ratio for Northern Data AG (NB2.DE)

P/E ratio at the end of 2024: -22.0

According to Northern Data AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.30002. At the end of 2024 the company had a P/E ratio of -22.0.

P/E ratio history for Northern Data AG from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-22.0323.13%
2023-5.20802.56%
2022-0.5758-112.08%
20214.77-149.26%
2020-9.67-41.2%
2019-16.4-31.43%
2018-24.0

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.