P/E ratio for Nexus AG (NXU.DE)
P/E ratio as of April 2024 (TTM): 40.9
According to Nexus AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.862. At the end of 2022 the company had a P/E ratio of 46.1.
P/E ratio history for Nexus AG from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.1 | -29.15% |
| 2021 | 65.1 | 21.25% |
| 2020 | 53.7 | 7.06% |
| 2019 | 50.1 | 46.29% |
| 2018 | 34.3 | -16.93% |
| 2017 | 41.3 | 19.87% |
| 2016 | 34.4 | -11.18% |
| 2015 | 38.8 | 76.16% |
| 2014 | 22.0 | -7.58% |
| 2013 | 23.8 | 5.32% |
| 2012 | 22.6 | 6.55% |
| 2011 | 21.2 | 22.56% |
| 2010 | 17.3 | -22.5% |
| 2009 | 22.3 |
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.