P/E ratio for NexGen Energy (NXE)
P/E ratio as of April 2024 (TTM): -76.1
According to NexGen Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -76.0514. At the end of 2022 the company had a P/E ratio of -49.1.
P/E ratio history for NexGen Energy from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -49.1 | 149.09% |
| 2021 | -19.7 | 62.77% |
| 2020 | -12.1 | -69.76% |
| 2019 | -40.0 | -132.22% |
| 2018 | 124 | -739.75% |
| 2017 | -19.4 | -40.31% |
| 2016 | -32.5 | 35.08% |
| 2015 | -24.1 | 351.95% |
| 2014 | -5.33 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NexGen Energy
NXE | -76.1 | 0.00% | 🇨🇦 Canada |
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.