P/E ratio for Nexon (3659.T)
P/E ratio as of April 2024 (TTM): 16.7
According to Nexon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7086. At the end of 2022 the company had a P/E ratio of 25.3.
P/E ratio history for Nexon from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.3 | 46.83% |
| 2021 | 17.3 | -65.48% |
| 2020 | 50.0 | 345.82% |
| 2019 | 11.2 | -3.89% |
| 2018 | 11.7 | -54% |
| 2017 | 25.4 | -30.86% |
| 2016 | 36.7 | 136.94% |
| 2015 | 15.5 | -7.22% |
| 2014 | 16.7 | 18.21% |
| 2013 | 14.1 | 6.37% |
| 2012 | 13.3 |
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.