Reason: Merged with SWM to become Mativ
Last recorded trade on: April 29, 2022
Source: https://www.businesswire.com/news/home/20220706005225/en/SWM-and-Neenah-Complete-Merger-to-Become-Mativ-a-3-Billion-Global-Leader-in-Specialty-Materials
P/E ratio for Neenah (NP)
P/E ratio on April 29, 2022 (TTM): -19.5
According to Neenah's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.5122. At the end of 2021 the company had a P/E ratio of -31.1.
P/E ratio history for Neenah from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -31.1 | -46.1% |
| 2020 | -57.6 | -367.55% |
| 2019 | 21.5 | -21.41% |
| 2018 | 27.4 | 42.99% |
| 2017 | 19.2 | -4.18% |
| 2016 | 20.0 | -3.57% |
| 2015 | 20.7 | 40.41% |
| 2014 | 14.8 | 9.83% |
| 2013 | 13.4 | 28.5% |
| 2012 | 10.5 | -10.43% |
| 2011 | 11.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -7.02 | -64.04% | 🇺🇸 USA |
 | N/A | N/A | 🇺🇸 USA |
 | N/A | N/A | 🇬🇧 UK |
 | 4.74 | -124.32% | 🇺🇸 USA |
 | -22.9 | 17.22% | 🇺🇸 USA |
 | N/A | N/A | 🇺🇸 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.