P/E ratio for Nordex (NDX1.F)
P/E ratio as of April 2024 (TTM): -5.42
According to Nordex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.4189. At the end of 2022 the company had a P/E ratio of -4.85.
P/E ratio history for Nordex from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.85 | -39.85% |
| 2021 | -8.06 | -65.36% |
| 2020 | -23.3 | 21.9% |
| 2019 | -19.1 | 81.68% |
| 2018 | -10.5 | -99.32% |
| 2017 | < -1000 | -7193.49% |
| 2016 | 21.7 | -63.14% |
| 2015 | 58.8 | 59.89% |
| 2014 | 36.7 | -53.08% |
| 2013 | 78.3 | -2916.1% |
| 2012 | -2.78 | -57.99% |
| 2011 | -6.62 | -143.16% |
| 2010 | 15.3 | -53.92% |
| 2009 | 33.3 |
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.