NACCO Industries
NC
#6779
Rank
$0.24 B
Marketcap
$32.50
Share price
2.52%
Change (1 day)
0.00%
Change (1 year)

P/E ratio for NACCO Industries (NC)

P/E ratio as of May 2024 (TTM): 12.9

According to NACCO Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9254. 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
20223.75-30.43%
20215.39-56.74%
202012.551.18%
20198.2422.33%
20186.74-20.7%
20178.5079.12%
20164.7457.49%
20153.01-215.75%
2014-2.60-200.76%
20132.58141.65%
20121.07209.4%
20110.3455-59.37%
20100.8504-14.55%
20090.9952-1975.74%
2008-0.0531-107.68%
20070.6911-12.98%
20060.7941-31.34%
20051.16-14.63%
20041.3530.12%
20031.0464.12%
20020.6344-165.74%
2001-0.9650

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.34-35.44%๐Ÿ‡บ๐Ÿ‡ธ USA
1.96-84.83%๐Ÿ‡บ๐Ÿ‡ธ 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.