P/E ratio for NL Industries (NL)

P/E ratio history for NL Industries from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Kronos Worldwide KRO	-38.3	165.39%	🇺🇸 USA
Valhi VHI	72.3	-601.22%	🇺🇸 USA
Huntsman Corporation HUN	34.3	-337.66%	🇺🇸 USA
Timken Company TKR	12.7	-188.11%	🇺🇸 USA
RBC Bearings RBC	61.5	-526.26%	🇺🇸 USA
Allegion ALLE	20.4	-241.64%	🇮🇪 Ireland
CompX International CIX	12.9	-189.30%	🇺🇸 USA
NN, Inc. NNBR	-2.23	-84.52%	🇺🇸 USA

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.