NEXTDC
NXT.AX
#2783
Rank
HK$45.96 B
Marketcap
HK$71.63
Share price
3.13%
Change (1 day)
-12.78%
Change (1 year)

P/E ratio for NEXTDC (NXT.AX)

P/E ratio at the end of 2024: -204

According to NEXTDC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -165.706. At the end of 2024 the company had a P/E ratio of -204.

P/E ratio history for NEXTDC from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-204-7.88%
2023-222-143.54%
2022509-325.75%
2021-226207.34%
2020-73.4-65.77%
2019-214-171.96%
2018298533.93%
201747.0-87.64%
2016381-1071.94%
2015-39.2296.73%
2014-9.87-93.32%
2013-148841.21%
2012-15.7-47.54%
2011-29.9

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.