P/E ratio for NN Group (NN.AS)
P/E ratio as of September 2023 (TTM): 5.95
According to NN Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.953. At the end of 2021 the company had a P/E ratio of 4.61.
P/E ratio history for NN Group from 2014 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.61 | -24.3% |
| 2020 | 6.09 | 2.63% |
| 2019 | 5.93 | -45.99% |
| 2018 | 11.0 | 88.74% |
| 2017 | 5.82 | -35.86% |
| 2016 | 9.07 | 24.74% |
| 2015 | 7.27 | -50.56% |
| 2014 | 14.7 |
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.