National Australia Bank
NAB.AX
#256
Rank
$71.55 B
Marketcap
$23.13
Share price
-0.09%
Change (1 day)
32.60%
Change (1 year)

P/E ratio for National Australia Bank (NAB.AX)

P/E ratio at the end of 2021: 13.0

According to National Australia Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6555. At the end of 2021 the company had a P/E ratio of 13.0.

P/E ratio history for National Australia Bank from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202113.0-36.23%
202020.418.32%
201917.237.28%
201812.6-7.96%
201713.6-95.08%
20162772533.24%
201510.5-0.39%
201410.61.14%
201310.516.4%
20128.9842.63%
20116.30-29.19%
20108.90-51.34%
200918.3132.01%
20087.88-25.42%
200710.6-11.43%
200611.9-10.6%
200513.3-0.09%
200413.411.02%
200312.0-25.31%
200216.1-25.78%
200121.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.59-42.40%๐Ÿ‡ฆ๐Ÿ‡บ Australia
N/AN/A๐Ÿ‡ฆ๐Ÿ‡บ Australia

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.