Nok Air
NOK.BK
#6539
Rank
$0.11 B
Marketcap
$0.03000
Share price
0.00%
Change (1 day)
0.00%
Change (1 year)

P/E ratio for Nok Air (NOK.BK)

P/E ratio as of February 2023 (TTM): -0.7313

According to Nok Air's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.731327. At the end of 2020 the company had a P/E ratio of -0.5160.

P/E ratio history for Nok Air from 2014 to 2020

PE ratio at the end of each year

Year P/E ratio Change
2020-0.5160-82.46%
2019-2.9450.74%
2018-1.95-6.46%
2017-2.0926%
2016-1.66-71.76%
2015-5.86-66.44%
2014-17.5-288.72%
20139.26

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.