P/E ratio for National Bank of Greece (ETE.AT)
P/E ratio as of April 2024 (TTM): 6.38
According to National Bank of Greece's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.37722. At the end of 2022 the company had a P/E ratio of 3.08.
P/E ratio history for National Bank of Greece from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.08 | -0.35% |
| 2021 | 3.09 | -94.54% |
| 2020 | 56.5 | -624.07% |
| 2019 | -10.8 | -11.75% |
| 2018 | -12.2 | 97.62% |
| 2017 | -6.18 | 718.61% |
| 2016 | -0.7555 | 1957.58% |
| 2015 | -0.0367 | -100.1% |
| 2014 | 35.6 | 496.88% |
| 2013 | 5.96 | -1221.34% |
| 2012 | -0.5314 | 399.18% |
| 2011 | -0.1064 | -99.01% |
| 2010 | -10.8 | -137.07% |
| 2009 | 29.1 | 206.56% |
| 2008 | 9.51 | -45.95% |
| 2007 | 17.6 | 11.58% |
| 2006 | 15.8 | -23.22% |
| 2005 | 20.5 | -40.73% |
| 2004 | 34.6 | 21.54% |
| 2003 | 28.5 | 1032.36% |
| 2002 | 2.52 | -89.98% |
| 2001 | 25.1 |
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.