National Healthcare
NHC
#4919
Rank
$0.98 B
Marketcap
$64.50
Share price
-0.46%
Change (1 day)
-9.36%
Change (1 year)

P/E ratio for National Healthcare (NHC)

P/E ratio as of September 2023 (TTM): 31.2

According to National Healthcare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.1594. At the end of 2021 the company had a P/E ratio of 7.52.

P/E ratio history for National Healthcare from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.52-69.07%
202024.325.53%
201919.4-4.16%
201820.222.76%
201716.5-27.2%
201622.621.74%
201518.6-4.18%
201419.4
201213.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.3-31.69%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.