According to Nolato AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.8866. At the end of 2023 the company had a P/E ratio of 32.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 32.9 | 55.72% |
2022 | 21.1 | -15.52% |
2021 | 25.0 | -9.04% |
2020 | 27.5 | 32.8% |
2019 | 20.7 | 51.3% |
2018 | 13.7 | -44.88% |
2017 | 24.8 | 20.38% |
2016 | 20.6 | 27.73% |
2015 | 16.1 | 25.37% |
2014 | 12.9 | 4.82% |
2013 | 12.3 | 18.16% |
2012 | 10.4 | 2.72% |
2011 | 10.1 | -13.4% |
2010 | 11.7 | -7.4% |
2009 | 12.6 | 166.71% |
2008 | 4.73 | -40.37% |
2007 | 7.93 | -79.68% |
2006 | 39.0 | 239.74% |
2005 | 11.5 | 1.96% |
2004 | 11.3 | -69.22% |
2003 | 36.6 | 198.84% |
2002 | 12.2 |
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.