P/E ratio for NH Hotel Group (NHH.MC)
P/E ratio as of April 2024 (TTM): -9.41
According to NH Hotel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.41374. At the end of 2019 the company had a P/E ratio of 21.1.
P/E ratio history for NH Hotel Group from 2012 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 21.1 | 34.8% |
| 2018 | 15.6 | -73.71% |
| 2017 | 59.5 | 27.25% |
| 2016 | 46.8 | -110.56% |
| 2015 | -443 | 927.78% |
| 2014 | -43.1 | -29.79% |
| 2013 | -61.4 | 2631.29% |
| 2012 | -2.25 |
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.