P/E ratio for NACCO Industries (NC)
P/E ratio as of June 2023 (TTM): 3.36
According to NACCO Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.36314. At the end of 2021 the company had a P/E ratio of 5.39.
P/E ratio history for NACCO Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.39 | -56.74% |
| 2020 | 12.5 | 51.18% |
| 2019 | 8.24 | 22.33% |
| 2018 | 6.74 | -20.7% |
| 2017 | 8.50 | 78.71% |
| 2016 | 4.76 | 57.85% |
| 2015 | 3.01 | -215.75% |
| 2014 | -2.60 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Terex
TEX | 9.77 | 190.52% | 🇺🇸 USA |
 Spectrum Brands
SPB | 71.0 | 2,010.27% | 🇺🇸 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.