P/E ratio for National Australia Bank (NAB.AX)
P/E ratio at the end of 2021: 13.7
According to National Australia Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6678. At the end of 2021 the company had a P/E ratio of 13.7.
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 |
|---|---|---|
| 2021 | 13.7 | -36.23% |
| 2020 | 21.5 | 18.32% |
| 2019 | 18.2 | 37.28% |
| 2018 | 13.2 | -7.96% |
| 2017 | 14.4 | -95.09% |
| 2016 | 293 | 2539.23% |
| 2015 | 11.1 | -0.4% |
| 2014 | 11.1 | 2.76% |
| 2013 | 10.8 | 14.57% |
| 2012 | 9.46 | 42.63% |
| 2011 | 6.63 | -29.19% |
| 2010 | 9.37 | -51.34% |
| 2009 | 19.2 | 132.01% |
| 2008 | 8.30 | -25.42% |
| 2007 | 11.1 | -11.43% |
| 2006 | 12.6 | -2.44% |
| 2005 | 12.9 | -2.31% |
| 2004 | 13.2 | 11.02% |
| 2003 | 11.9 | -25.31% |
| 2002 | 15.9 | -25.48% |
| 2001 | 21.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westpac Banking WBC.AX | 7.72 | -43.52% | 🇦🇺 Australia |
 Commonwealth Bank CBA.AX | 15.5 | 13.13% | 🇦🇺 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.