Nexon
3659.T
#895
Rank
$18.66 B
Marketcap
$21.57
Share price
1.94%
Change (1 day)
8.88%
Change (1 year)
Nexon is a South Korean developer and publisher of computer games. The company's vide game portfolio includes MapleStory, War Rock, Atlantica Online and Elsword.

P/E ratio for Nexon (3659.T)

P/E ratio as of December 2022 (TTM): 16.2

According to Nexon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1679. At the end of 2021 the company had a P/E ratio of 17.3.

P/E ratio history for Nexon from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202117.3-65.51%
202050.0346.21%
201911.2-3.97%
201811.7-53.96%
201725.4-30.75%
201636.6136.59%
201515.5-7.23%
201416.718.14%
201314.1-4.48%
201214.8-4.31%
201115.5

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.