Northern Region Cement Company
3004.SR
#6922
Rank
ยฃ0.34 B
Marketcap
ยฃ1.90
Share price
0.00%
Change (1 day)
-15.62%
Change (1 year)

P/E ratio for Northern Region Cement Company (3004.SR)

P/E ratio as of November 2024 (TTM): 17.6

According to Northern Region Cement Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.5809. At the end of 2022 the company had a P/E ratio of 17.5.

P/E ratio history for Northern Region Cement Company from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.5-22.99%
202122.712.05%
202020.3-12.56%
201923.2-80.4%
2018118228.34%
201736.1139.52%
201615.115.45%
201513.0-33.28%
201419.511.47%
201317.5

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.