P/E ratio for NCC (NCC-B.ST)
P/E ratio as of April 2024 (TTM): 7.96
According to NCC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.96183. At the end of 2022 the company had a P/E ratio of 9.37.
P/E ratio history for NCC from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.37 | -21.67% |
| 2021 | 12.0 | -6.86% |
| 2020 | 12.8 | -32.1% |
| 2019 | 18.9 | -194.33% |
| 2018 | -20.0 | -202.86% |
| 2017 | 19.5 | 536.47% |
| 2016 | 3.06 | -65.01% |
| 2015 | 8.75 | -7.47% |
| 2014 | 9.46 | 27.26% |
| 2013 | 7.43 | 44.26% |
| 2012 | 5.15 | -20.57% |
| 2011 | 6.49 | -5.41% |
| 2010 | 6.86 | 35.75% |
| 2009 | 5.05 |
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.