P/E ratio for NEUCA (NEU.WA)
P/E ratio as of May 2024 (TTM): 40.5
According to NEUCA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.4873. At the end of 2022 the company had a P/E ratio of 20.6.
P/E ratio history for NEUCA from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.6 | -15.75% |
| 2021 | 24.5 | 23.32% |
| 2020 | 19.8 | 42.35% |
| 2019 | 13.9 | 20.28% |
| 2018 | 11.6 | -10.84% |
| 2017 | 13.0 | -15.53% |
| 2016 | 15.4 | -2.45% |
| 2015 | 15.8 | 46.94% |
| 2014 | 10.7 | -28.28% |
| 2013 | 15.0 | 130.52% |
| 2012 | 6.49 | 12.81% |
| 2011 | 5.75 | -36.47% |
| 2010 | 9.06 |
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.