P/E ratio for NatWest Group (NWG)
P/E ratio as of October 2023 (TTM): 6.05
According to NatWest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.04923. At the end of 2020 the company had a P/E ratio of -29.3.
P/E ratio history for NatWest Group from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -29.3 | -407.67% |
| 2019 | 9.53 | |
| 2015 | -0.1273 | -99.11% |
| 2014 | -14.4 | 235.56% |
| 2013 | -4.28 | -30.72% |
| 2012 | -6.18 | -1.38% |
| 2011 | -6.27 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 7.58 | 25.27% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.2 | 69.17% | 🇺🇸 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.