P/E ratio for NKT A/S (NKT.CO)
P/E ratio as of May 2024 (TTM): 35.2
According to NKT A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.1723. At the end of 2022 the company had a P/E ratio of 44.6.
P/E ratio history for NKT A/S from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.6 | -85.09% |
| 2021 | 299 | -2110.9% |
| 2020 | -14.9 | 96.19% |
| 2019 | -7.58 | -10.97% |
| 2018 | -8.51 | -719.96% |
| 2017 | 1.37 | -98.19% |
| 2016 | 75.7 | -103.51% |
| 2015 | < -1000 | -13601.26% |
| 2014 | 16.0 | 0.22% |
| 2013 | 16.0 | 705.9% |
| 2012 | 1.98 | -90.31% |
| 2011 | 20.4 | 24.33% |
| 2010 | 16.4 | -6.03% |
| 2009 | 17.5 |
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.