P/E ratio for Noodles & Company (NDLS)
P/E ratio as of April 2024 (TTM): -23.3
According to Noodles & Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.3333. At the end of 2022 the company had a P/E ratio of -78.4.
P/E ratio history for Noodles & Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -78.4 | -169.18% |
| 2021 | 113 | -850.37% |
| 2020 | -15.1 | -110.91% |
| 2019 | 139 | -515.24% |
| 2018 | -33.4 | 802.16% |
| 2017 | -3.70 | 132.65% |
| 2016 | -1.59 | -91.96% |
| 2015 | -19.8 | -129.27% |
| 2014 | 67.6 | -57.64% |
| 2013 | 159 |
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.