P/E ratio for Newag (NWG.WA)
P/E ratio as of April 2025 (TTM): 57.6
According to Newag's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.5822. At the end of 2023 the company had a P/E ratio of 10.2.
P/E ratio history for Newag from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 10.2 | -61.33% |
| 2022 | 26.5 | 101.07% |
| 2021 | 13.2 | 144.7% |
| 2020 | 5.38 | -49.97% |
| 2019 | 10.8 | 50.63% |
| 2018 | 7.14 | -68.9% |
| 2017 | 23.0 | -65.13% |
| 2016 | 65.8 | 426.67% |
| 2015 | 12.5 | -9.03% |
| 2014 | 13.7 | -48.24% |
| 2013 | 26.5 |
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.