NFI Group
NFI.TO
#4958
Rank
โ‚น117.55 B
Marketcap
โ‚น987.59
Share price
-1.99%
Change (1 day)
25.30%
Change (1 year)

P/E ratio for NFI Group (NFI.TO)

P/E ratio as of November 2024 (TTM): -9.18

According to NFI Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.17863. At the end of 2023 the company had a P/E ratio of -9.24.

P/E ratio history for NFI Group from 2012 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-9.24247.58%
2022-2.66-97.23%
2021-95.8906.84%
2020-9.52-133.05%
201928.8120.93%
201813.0-26.08%
201717.6-9.14%
201619.4-33.31%
201529.14.16%
201427.937.31%
201320.3-51.39%
201241.9

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.