P/E ratio for New Work (NWO.F)
P/E ratio as of April 2024 (TTM): 8.71
According to New Work's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.71162. At the end of 2022 the company had a P/E ratio of 19.7.
P/E ratio history for New Work from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.7 | -36.23% |
| 2021 | 30.8 | -48.59% |
| 2020 | 60.0 | 32.51% |
| 2019 | 45.3 | 6.39% |
| 2018 | 42.5 | -27.05% |
| 2017 | 58.3 | 39.86% |
| 2016 | 41.7 | -23.37% |
| 2015 | 54.4 | -35.9% |
| 2014 | 84.9 | 89.37% |
| 2013 | 44.8 | 54.82% |
| 2012 | 29.0 | -159.58% |
| 2011 | -48.6 | -284.92% |
| 2010 | 26.3 | -128.79% |
| 2009 | -91.3 |
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.