P/E ratio for NACCO Industries (NC)
P/E ratio as of April 2024 (TTM): 11.5
According to NACCO Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5484. At the end of 2022 the company had a P/E ratio of 3.75.
P/E ratio history for NACCO Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.75 | -30.43% |
| 2021 | 5.39 | -56.74% |
| 2020 | 12.5 | 51.18% |
| 2019 | 8.24 | 22.33% |
| 2018 | 6.74 | -20.7% |
| 2017 | 8.50 | 79.12% |
| 2016 | 4.74 | 57.49% |
| 2015 | 3.01 | -215.75% |
| 2014 | -2.60 | -200.76% |
| 2013 | 2.58 | 141.65% |
| 2012 | 1.07 | 209.4% |
| 2011 | 0.3455 | -59.37% |
| 2010 | 0.8504 | -14.55% |
| 2009 | 0.9952 | -1975.74% |
| 2008 | -0.0531 | -107.68% |
| 2007 | 0.6911 | -12.98% |
| 2006 | 0.7941 | -31.34% |
| 2005 | 1.16 | -14.63% |
| 2004 | 1.35 | 30.12% |
| 2003 | 1.04 | 64.12% |
| 2002 | 0.6344 | -165.74% |
| 2001 | -0.9650 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Terex
TEX | 8.47 | -26.66% | 🇺🇸 USA |
 Spectrum Brands
SPB | 1.82 | -84.24% | 🇺🇸 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.