P/E ratio for Nexstim (NXTMH.HE)
P/E ratio at the end of 2022: 20.6
According to Nexstim's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 20.6.
P/E ratio history for Nexstim from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.6 | -160.19% |
| 2021 | -34.1 | 437.63% |
| 2020 | -6.35 | 5382.48% |
| 2019 | -0.1158 | 96.26% |
| 2018 | -0.0590 | -98.02% |
| 2017 | -2.98 | 948.99% |
| 2016 | -0.2839 | -93.98% |
| 2015 | -4.72 | 81.71% |
| 2014 | -2.59 |
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.