NRC Group ASA
NRC.OL
#9167
Rank
HK$0.48 B
Marketcap
HK$2.80
Share price
4.21%
Change (1 day)
-66.48%
Change (1 year)

P/E ratio for NRC Group ASA (NRC.OL)

P/E ratio as of November 2024 (TTM): -0.3511

According to NRC Group ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.351077. At the end of 2023 the company had a P/E ratio of 20.6.

P/E ratio history for NRC Group ASA from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202320.6-810.63%
2022-2.90-95.67%
2021-66.878.85%
2020-37.4-11.69%
2019-42.3-100.61%
2018> 100043697.07%
201715.9-62.14%
201642.076.9%
201523.745.24%
201416.3-7860.39%
2013-0.2105-69.47%
2012-0.6896773.14%
2011-0.079034.79%
2010-0.0586-99.1%
2009-6.50-115.42%
200842.1455.38%
20077.58-60.78%
200619.3-30.39%
200527.8361.7%
20046.02-360.55%
2003-2.31263.86%
2002-0.6346

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.