P/E ratio for National Presto Industries (NPK)
P/E ratio as of April 2024 (TTM): 23.1
According to National Presto Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1285. At the end of 2022 the company had a P/E ratio of 23.5.
P/E ratio history for National Presto Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.5 | 4.11% |
| 2021 | 22.6 | 70.45% |
| 2020 | 13.3 | -9.85% |
| 2019 | 14.7 | -28.3% |
| 2018 | 20.5 | 56.34% |
| 2017 | 13.1 | -21.08% |
| 2016 | 16.6 | 16.97% |
| 2015 | 14.2 | -6.46% |
| 2014 | 15.2 | 12.68% |
| 2013 | 13.5 | 10.06% |
| 2012 | 12.3 | -8.77% |
| 2011 | 13.4 | -4.35% |
| 2010 | 14.0 | 17.35% |
| 2009 | 12.0 | 0.22% |
| 2008 | 11.9 | 27.86% |
| 2007 | 9.34 | -36.22% |
| 2006 | 14.6 | -20.46% |
| 2005 | 18.4 | -9% |
| 2004 | 20.2 | 26.98% |
| 2003 | 15.9 | -31.16% |
| 2002 | 23.1 | -23.3% |
| 2001 | 30.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kimberly-Clark KMB | 25.9 | 12.20% | 🇺🇸 USA |
 TriMas TRS | 21.4 | -7.63% | 🇺🇸 USA |
 Sturm, Ruger & Co RGR | 14.5 | -37.39% | 🇺🇸 USA |
 Energizer Holdings
ENR | -8.39 | -136.29% | 🇺🇸 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.